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1 pts Sprint capital structure consists of 45% common stock, 22% preferred stock and 33% of debt. The cost of common stock is 16% and

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1 pts Sprint capital structure consists of 45% common stock, 22% preferred stock and 33% of debt. The cost of common stock is 16% and cost of debt is 8%. The tax rate is 25%. What should be the cort of preferred stock to maintain the WACC at 12.90% ? 16.91% 16.23% 17.42% 17.08% 16.06%

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