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Your firm has $1.8 billion in debt capital and $2.6 billion in equity capital. The cost of debt is 3.8%. The cost of equity is
Your firm has $1.8 billion in debt capital and $2.6 billion in equity capital. The cost of debt is 3.8%. The cost of equity is 13.4%. The tax rate is 28%. 5 pts What is the firm's WACC? (9.87% should be entered as 9.87 OR 0.0987)
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