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Whitewater has a beta of 0.9. The risk-free rate is equal to 3% and the market risk premium is equal to 6%. Whitewater needs a

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Whitewater has a beta of 0.9. The risk-free rate is equal to 3% and the market risk premium is equal to 6%. Whitewater needs a total funding of $300,000 to complete a project. $100,000 are obtained through debt and the rest from shares. The marginal tax rate is equal to 11.4% and the yield to maturity on Whitewater's bonds is equal to 7%. Calculate the WACC. Use four decimal points Show steps in the reasons box. Answer: Give your reasons 7 A B I Ff III EE

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