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What is the WACC for a firm with 40% debt and 60% equity that pays 10% on its debt, 15% on its equity, and has

What is the WACC for a firm with 40% debt and 60% equity that pays 10% on its debt, 15% on its equity, and has a 30% tax rate? (Do not round Intermediate calculations.) Multiple Choice 10 20% 11.80 10 20% 13.00%

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