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In 2021, Company A has $63 million book value of debt and $393 million market...

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Accounting

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In 2021, Company A has $63 million book value of debt and $393 million market value of equity. Its cost of debt is 5.8%, and the cost of equity is 14.5%. Assuming the company's marginal tax rate is 30%, estimate Company A's WACC. (Write your answer as a decimal with three decimal places. For example, if your answer is 7.6%, write 0.076 in the box)

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