Vicki and danny longhorn have 375000 of assets and 225000, Ask an Expert

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Vicki and Danny Longhorn have $375,000 of assets and $225,000 of liabilities. Their tax rate is 31%, and their costs of debt and equity are 8% and 12% respectibviely. What is their weighted average cost of capital?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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