Wentworth's Five and Dime Store has a cost of equity of 11.4 percent. The company...

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Finance

Wentworth's Five and Dime Store has a cost of equity of 11.4 percent. The company has an aftertax cost of debt of 5 percent, and the tax rate is 25 percent. If the company's debt-equity ratio is .74, what is the weighted average cost of capital

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