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14 What is the WACC for a firm using 55% equity with a required return of 15%,35% debt with a required return of 8%,10% preferred
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What is the WACC for a firm using 55% equity with a required return of 15%,35% debt with a required return of 8%,10% preferred stock with a required return of 10%, and a tax rate of 35% ? a. 10.72% b. 11.07% c. 11.70% d. 12.05%Step by Step Solution
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