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what is the WACC for a firm with equal amounts of debt and equity financing, a 16% before-tax company cost of capital, a 35% tax

what is the WACC for a firm with equal amounts of debt and equity financing, a 16% before-tax company cost of capital, a 35% tax rate, and a 10% coupon rate on its debt that is selling at par value?

A. 10.40%

B. 14.25%

C. 15.13%

D. 16.00%

E. None of the above

(The teacher notes say the answer is B, I am looking for work shown and formulas used so I can learn more)

Thanks!

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