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Yellow Submarine, Co; has a cost of equity of 11.05 percent, a cost of debt of 5.40 percent, and a tax rate of 21 percent.

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Yellow Submarine, Co; has a cost of equity of 11.05 percent, a cost of debt of 5.40 percent, and a tax rate of 21 percent. The compary uses only debt and equity and the companys percentage of debt in its capital stiucture is 35%, What is the componys WACC? Mutiple Choice 126 at 60k bon dors

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