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A company has a capital structure which consists of 30 % long-term debt, 70% common stock, and no preferred stock. The companys tax rate (T)
- A company has a capital structure which consists of 30 % long-term debt, 70% common stock, and no preferred stock. The companys tax rate (T) is 20%. The Rd is 10% and the Rs is 11%, what is the companys weighted average cost of capital (WACC)? Please show all of your septs and do not use excel.
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