What is the firms weighted average cost of capital

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A firm has debt of $11.3, a leveraged firm value of $28.6, a pre-tax cost of debt of 9.2 percent, a cost of equity of 18.1 percent, and a tax rate of 34 percent. What is the firm's weighted average cost of capital? Show your answer to the nearest .1%. Do not use the % sign in your answer

Reference no: EM13812352

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