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Weighted Average Cost of Capital (WACC). Please complete the following: a). Define in your own words was WACC is b). Given the following information, please
Weighted Average Cost of Capital (WACC). Please complete the following:
a). Define in your own words was WACC is
b). Given the following information, please calculate the WACC
Cost of Equity (using the CAPM model) 12%
Cost of Debt 7%
Tax Rate = 35%
Use of equity is 70%
Use of debt is 30%
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