Question: Snap Inc. (SNAP)'s new project is to be financed by selling $29.45 million in new debt and $37.98 million in new common equity. The

Snap Inc. (SNAP)'s new project is to be financed by selling $29.45 million in new debt and $37.98 million in new common equity. The before- tax required return on debt is 4.26% and 8.15% for equity. If SNAP is in the 25.95% tax bracket, its weighted average cost of capital (WACC) is closest to OA. 6.31%. O B. 5.97%. O C. 5.59%. O D. 5.25%.

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