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Your firm is has equity of $2,210,000.00 and debt of $1,100,000.00 and the cost of the equity is 8,50% and the cost of the debt
Your firm is has equity of $2,210,000.00 and debt of $1,100,000.00 and the cost of the equity is 8,50% and the cost of the debt is 6.60%. Given that the tax rate is 35.00%, what is your firm's weighted average cost of capital (WACC)? (Inter your value as a percent (.e. 20.5 for 20.5%) tolerance is 0.1)
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