Question: MC algo 1 4 - 1 7 D / E And WACC Wentworth's Five and Dime Store has a cost of equity of 1 0

MC algo 14-17 D/E And WACC
Wentworth's Five and Dime Store has a cost of equity of 10.9 percent. The company has an aftertax cost of debt of 4.6 percent, and the tax rate is 21 percent. If the company's debt-equity ratio is .70, what is the weighted average cost of capital?
MC algo 14-17 D/E And WACC Wentworth's Five and Dime Store

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