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Question 6 10 pts Suppose that TapDance, Inc.'s capital structure features 70 percent equity, 30...

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Question 6 10 pts Suppose that TapDance, Inc.'s capital structure features 70 percent equity, 30 percent debt, and that its before-tax cost of debt is 7 percent, while its cost of equity is 12 percent. The appropriate weighted average tax rate is 21 percent. What will be TapDance's WACC? (Round your answer to 2 decimal places.)

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