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What will be TapDance WACC

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Question - Suppose that TapDance, Inc.'s, capital structure features 65 percent equity, 35 percent debt, and that its before-tax cost of debt is 9 percent, while its cost of equity is 14 percent. Assume the appropriate weighted average tax rate is 34 percent. What will be TapDance's WACC?

Reference no: EM132853375

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