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The Felix Filter Corp. maintains a debt-equity ratio of .6. The cost of equity for Richardson Corp. is 16%, the cost of debt is 11% and the marginal tax rate is 30%. What is the weighted average cost of capital? (Round your answer to two decimal places.)
Electroencephalograph
An instrument that measures and records the electrical activity of the brain.
Brain Waves
Electrical patterns of activity in the brain, measurable by EEG, that reflect different states of consciousness, sleep, and cognitive processes.
Functional Magnetic Resonance Imaging
A neuroimaging technique that measures brain activity by detecting changes associated with blood flow, used to observe brain structures and determine which areas are active during various tasks.
Positron Emission Tomography
A diagnostic imaging test that uses a radioactive substance to visualize and measure metabolic processes in the body.
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