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Yellow Submarines Inc. is considering a new project. The firm uses 27 percent debt and 73 percent common stock as its capital structure. The company's
Yellow Submarines Inc. is considering a new project. The firm uses 27 percent debt and 73 percent common stock as its capital structure. The company's cost of equity is 14.0 percent while the aftertax cost of debt for the firm is 7.0 percent. What is the weighted average cost of capital?
*show work in excel please*
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