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You are given the following information for Lighting Power Company. Assume the company's tax rate is 2 4 percent. What is the company's WACC? (

You are given the following information for Lighting Power Company. Assume the
company's tax rate is 24 percent.
What is the company's WACC? (Do not round Intermedlate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g.,32.16.)
Answer is complete but not entirely correct.
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