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Precision Cuts has a target capital structure of 67.6 percent common stock and 32.4 percent...

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Precision Cuts has a target capital structure of 67.6 percent common stock and 32.4 percent debt. Its cost of equity is 16.4 percent, and its pretax cost of debt is 8.2 percent, after flotation costs. If the Company's marginal tax rate is 21 percent, what is the company's WACC? 12.1 percent 13.2 percent 11.2 percent 11.7 percent

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