What is the domestic weighted average cost of capital

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Micro International is planning to issue new shares in the stock market. The risk-free rate is 5% and the expected return on the market this year is expected to be 13%. The beta of the company is 1.2. If the company's costs of debt is 10%, what is the domestic weighted average cost of capital (WACC) if it uses 30% debt and the tax rate is 30%?

Reference no: EM132955429

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