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Your firm is an MNC headquartered in the United States.You have been tasked with estimating the weighted average cost of capital (WACC) given the following

Your firm is an MNC headquartered in the United States.You have been tasked with estimating the weighted average cost of capital (WACC) given the following information:

Firm's bond yield: 8%

Treasury rate: 3%

Beta: 1.5

Expected market return: 11%

Target Capital Structure: 30% debt, 70% equity

Tax bracket: 35%

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