Caltex Ltd's cost of equity is 15 percent, and its after-tax cost of debt is 5 percent.

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Caltex Ltd's cost of equity is 15 percent, and its "after-tax" cost of debt is 5 percent. If the company is financed with 40 percent ordinary shares, what is the weighted average cost of capital for Caltex Ltd if it is subject to a 30 percent company tax rate?