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A company finances its operations and growth opportunities, using common equity and debt. The debt-to-equity...

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A company finances its operations and growth opportunities, using common equity and debt. The debt-to-equity ratio of the CI Corp. is 0.25. If its cost of equity is 13%, and its pretax cost of debt is 5%, what comes closest to the company's WACC? The tax rate is 30%. O 11.1% O 11.4% 09.2% x O 10.4% O 10.7%

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