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Weighted Average Cost of Capital Austin, Inc. plans to finance its expansion by raising the needed investment capital from the following sources in the indicated

Weighted Average Cost of Capital

Austin, Inc. plans to finance its expansion by raising the needed investment capital from the following sources in the indicated proportions and respective capital cost rates.

Calculate the weighted average cost of capital.

Round answers to one decimal place. For example,

0.457 = 45.7 % .

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