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Please assist with the following question The target capital structure for QM industries if 40% common stock, 10% preferred stock, and 50% debt. If the
Please assist with the following question
The target capital structure for QM industries if 40% common stock, 10% preferred stock, and 50% debt. If the cost of common equity for the firm is 18%, the cost of preferred stock is 10%, the before-tax cost of debt is 8% and the firm's tax rate is 35%, what is QM's weighted average cost of capital?
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