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8: Chapter 13 Question 3 of 8 -/2 View Policies Current Attempt in Progress Blossom Co. has a capital structure, based on current market values,

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8: Chapter 13 Question 3 of 8 -/2 View Policies Current Attempt in Progress Blossom Co. has a capital structure, based on current market values, that consists of 30 percent debt, 8 percent preferred stock, and 62 percent common stock. If the returns required by investors are 8 porcent, 10 percent, and 15 percent for the debt, preferred stock, and common stock, respectively, what is Blossoms after-tax WACC? Assume that the firm's marginal tax rate is 40 percent. (Round final answer to 2 decimal places, e.g. 15.25%.) After tax WACC % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer 16a O (od 22

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