Question: A Moving to another question will save this response. Question 9 The cost of equity for a company is 14.26%. Total market equity is $120

A Moving to another question will save this response. Question 9

A Moving to another question will save this response. Question 9 The cost of equity for a company is 14.26%. Total market equity is $120 billion, and the amount of debt is $100 billion. Average cost of debt is 2%, with a tax rate of 21%. What is the WACC for this firm? (two decimals in percentage) Note: if your answer, for example, is 11.11%, then input 11.11; DO NOT include "%" in your typed answer. A Moving to another question will save this response

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