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Winklevoss Twins Inc. has a debt-to-equity ratio of 0.55. Its cost of equity is 15% and its pre-tax cost of debt is 9%. If the
Winklevoss Twins Inc. has a debt-to-equity ratio of 0.55. Its cost of equity is 15% and its pre-tax cost of debt is 9%. If the tax rate is 35%, what is the company's WACC%?
7.21%
9.45%
10.79%
11.75%
13.24%
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