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Wentworth's Five and Dime Store has a cost of equity of 10.9 percent. The company has an aftertax cost of debt of 4.6 percent, and

Wentworth's Five and Dime Store has a cost of equity of 10.9 percent. The company has an aftertax cost of debt of 4.6 percent, and the tax rate is 21 percent. If the company's debt-equity ratio is .70, what is the weighted average cost of capital? Multiple Choice 8.31% 6.63% 6.81% 6.24% 7.91%

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