Company weighted average cost of capital

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Terence Terraforming Inc. has a capital structure of 37% debt and 63% common stock. The expected return on the firm's debt is 5.7% (pre-tax) and the expected return on the firm's equity is 9%. The firm's marginal tax rate is 21%.

What is the company's weighted average cost of capital?

Reference no: EM133002187

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