question archive ABC Corporation has a target capital structure that consists of 35% debt and 65% equity

ABC Corporation has a target capital structure that consists of 35% debt and 65% equity

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ABC Corporation has a target capital structure that consists of 35%

debt and 65% equity.ABC can borrow at an interest rate of 11%. ABC has determined its cost of equity to be 13%. Its tax rate is 30 percent. What is ABC weighted average cost of capital??

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