Explain the arbitrage pricing, Financial Management

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Explain the arbitrage pricing

1. Explain the Arbitrage Pricing Theory?

2. CoffeeCarts has a cost of equity of 15.7 %?, has an effective cost of debt of 3.7 %?, and is financed 68 %with equity and 32 % with debt. What is this? firm's WACC? ?CoffeeCarts's WACC is ???%. ?(Round to one decimal? place.)1.

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Financial Management: Explain the arbitrage pricing

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