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Williamson, Inc., has a debt - equity ratio of 2 . 5 7 . The company's weighted average cost of capital is 9 percent, and

Williamson, Inc., has a debt-equity ratio of 2.57. The company's weighted average cost of
capital is 9 percent, and its pretax cost of debt is 7 percent. The corporate tax rate is 22
percent.
c. What would the weighted average cost of capital be if the company's debt-equity ratio
were .65 and 1.60?(Do not round intermediate calculations and enter your answers
as a percent rounded to 2 decimal places, e.g.,32.16.)
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