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XYZ Corp. has equity beta 1.6 and market value of equity $210 million. The required return on XYZs debt is 7.2%. The market value of
XYZ Corp. has equity beta 1.6 and market value of equity $210 million. The required return on XYZs debt is 7.2%. The market value of that debt is $240 million and the face value is $211 million. The risk-free rate is 2% and the expected return on the market is 8.2%. What is XYZs WACC?
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