Question: Inc. is considering changing its capital structure to 6 0 debt and 4 0 % equityIncreasing the firm's level of debt will cause its cost

Inc. is considering changing its capital structure to 60debt and 40% equityIncreasing the firm's level of debt will cause its cost of debt to increase to 12%Use the Hamada equation to unlever and relever the beta for the new level of debt. What will the firm's weighte average cost of capital (WACC) be makes this change in its capital structure ?(Hint: Do not round intermediate calculations)

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