Take It All Away has a cost of equity of 10.81 percent, a pretax cost...
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Take It All Away has a cost of equity of 10.81 percent, a pretax cost of debt of 6.45 percent, and a tax rate of 35 percent. The company's capital structure consists of 77 percent debt on a book value basis, but debt is 27 percent of the company's value on a market value basis. What is the company's WACC? A. 9.40% B. 8.85% C. 8.12% D. 10.43% E. 6.78%
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