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Company ABC has 100B in debt, and 900B in common stock outstanding. Their interest cost...

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Finance

Company ABC has 100B in debt, and 900B in common stock outstanding. Their interest cost on the debt is 3%. Their cost of common stock is 10%. Company ABCs tax rate is 20%. What is the weighted average cost of capital? (Use the table below to help with your calculations).

9.63%

10.21%

9.81%

9.24%

9.32%

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