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23-05-2023
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Wentworth's Five and Dime Store has a cost of equity of 11.5 percent. The company has an aftertax cost of debt of 5.1 percent, and the tax rate is 21 percent. If the company's debt-equity ratio is 75, what is the weighted average cost of capital? Multiple Choice 5 at 25 111 Next O 742% 876% 681% 7.90% Dra

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