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Wentworth's Five and Dime Store has a cost of equity of 10.6 percent. The company has an aftertax cost of debt of 4.2 percent, and

Wentworth's Five and Dime Store has a cost of equity of 10.6 percent. The company has an aftertax cost of debt of 4.2 percent, and the tax rate is 21 percent. If the company's debt-equity ratio is .66, what is the weighted average cost of capital?

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