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Unique industries is considering investing 40 million in

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Unique Industries is considering investing $40 million in plant expansion. Management needs to know the average cost of capital to use in evaluating this capital investment decision. The company's capital structure consists of 40 percent of debt at 3 percent interest and 6 percent of stockholders' equity at 4 percent. What is the average cost of capital of Special Industries?

Reference no: EM13593348

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