What is the firm''s wacc

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Suppose a firm is funded 30% with debt (yield of 9%) and has a 32% tax rate. What is the (levered) cost of equity assuming the unlevered cost of equity is 12%? Round your answer to two decimal places.
%

What is the firm's WACC? Round your answer to two decimal places.
%

Reference no: EM13304331

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