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What is the WACC for Bacon Signs Inc, if the after-tax cost of long-term debt is 6.3% and the before tax cost of equity is
What is the WACC for Bacon Signs Inc, if the after-tax cost of long-term debt is 6.3% and the before tax cost of equity is 10.4%?
a. 8.02%
b. 8.91%
c. 9.58%
d. cannot find answer without corporate tax rate.
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