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The cost of debt was 800000 for the entire 10000000 of the

The debt of this company is currently 60% of the assets, the remaining capital structure is financed with common equity with a cost of 3%. The cost of debt was $800,000 for the entire $10,000,000 of the firm's liabilities. Please calculate the WACC with a tax rate of 40%.

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Finance Basics: The cost of debt was 800000 for the entire 10000000 of the

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Finance Basics: The cost of debt was 800000 for the entire 10000000 of the

Reference No:- TGS02488813

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