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A company has the following capital structure: $ 5 million from bonds, $ 2 5 million from preferred stock, and $ 1 0 0 million

A company has the following capital structure: $5 million from bonds, $25 million from preferred stock, and $100 million from common stock. The cost of each source of funding is as follows: Bonds =7.50%; Common =9.25%; Preferred =6.00%. Compute the company's WACC.

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