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When the cost of equity is 14%, the cost of debt is 8%, the marginal tax rate is 30% and the capital structure is 50%

When the cost of equity is 14%, the cost of debt is 8%, the marginal tax rate is 30% and the capital structure is 50% equity and 50% debt, what must be the weighted average cost of capital (WACC)?

A) 22%

B) 8%

C) 11%

D) 2%

E) 9.8%

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