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Western Electric has common stocks with a market value of $8,900,000 and a rate of...

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Western Electric has common stocks with a market value of $8,900,000 and a rate of return of 12.60%. The firm also has outstanding debt with a total market value of $4,500,000. The Yield-to-Maturity on the debt is 9.40%. What is the firm's Weighted Average Cost of Capital (WACC) if the tax rate is 21.00%? Note: Keep two decimals in all your answers! Value of the Firm = A/ Capital Structure Weight of the Equity = A/ Capital Structure Weight of the Debt = A Weighted Average Cost of Capital (WACC) =

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