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Wildhorse's T-Shirts, inc, has debt claims of $300 (market value) and equity claims of $700 (market value). If the after-tax cost of debt financing is

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Wildhorse's T-Shirts, inc, has debt claims of $300 (market value) and equity claims of $700 (market value). If the after-tax cost of debt financing is 11 percent and the cost of equity is 17 percent, what is Wildhorse's weighted average cost of capital? (Round answer to 2 decimal ploces, eg. 15.25\%). Weighted average cost of capital

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