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You were hired as a consultant to Giambono Company, whose total assets consist of 50% debt and 50% equity. The after-tax cost of debt is

You were hired as a consultant to Giambono Company, whose total assets consist of 50% debt and 50% equity. The after-tax cost of debt is 6.00%, and the cost of equity is 10%. What is its WACC? 6% 8% 10% 16% None of the above choices is correct

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