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9. Chapter MC, Section .09, Problem 055 Bartlett Company's target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of

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9. Chapter MC, Section .09, Problem 055 Bartlett Company's target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is 6.00%, the cost of preferred is 7.50%, and the cost of common using reinvested earnings is 12.75%. The firm will not be issuing any new stock. You were hired as a consultant to help determine their cost of capital. What is its WACC? Ca. 8.98% Ob. 9.26% Oc. 10.12% Od. 9.54% Oe. 9.83%

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