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Company A is financed by 18% of debt and the rest of the company is...

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Company A is financed by 18% of debt and the rest of the company is financed by common equity. The company's before-tax cost of debt is 5.1%, and its cost of equity is 11.8%. If the marginal tax rate is 30%, the company's weighted average cost of capital (WACC) is ( Note: Round your answer to 3 decimal places. For example, if your answer is 8.7%, you should write 0.087 in the answer box. DO NOT write 8.7 in the box as you will be marked wrong). Question 19 0/2 pts You are considering investing in a mutual fund. The fund is expected to earn a return of 16 percent in the next year. If its annual return is normally distributed with a standard deviation of 23 percent, what return can you expect the fund to beat 95 percent of the time? (Note: Write your answer as decimals with three decimal places. For example, if you answer is 8.7%, you should write -0.087 in the answer box. DO NOT write -8.7 in the box as you will be marked wrong)

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