16. A firm has a beta of 1.3 and a debt-to-equity ratio of 0,40 ....
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16. A firm has a beta of 1.3 and a debt-to-equity ratio of 0,40 . The market rate of return is 11.6%, tax rate is 32% and the risk-free rate is 3.3%. The pretax cost of debt is 7.2%. What is the firm's WACC? a. 11.46% b. 8.90% c. 10.41% d. 9.96% e. 12.12%
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