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The Thrifty Gourmet,a specialty food retailer, has and estimated cost of equity of 18.0% a pre-tax cost of debt of debt of 6.5%, and a tax rate of 21%. what is the firm’s weighted average cost of capital(wacc) if the company’s target capital structure is 70% equity (common stock only) and 30% debt?

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Financial Management, Finance

Category:- Financial Management
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