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A company has the following capital structure: Debt: $500,000 at 6% interest Preferred stock: $200,000 at 8% dividend Common equity: $300,000 with a cost of
A company has the following capital structure:
- Debt: $500,000 at 6% interest
- Preferred stock: $200,000 at 8% dividend
- Common equity: $300,000 with a cost of 10%
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Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th edition
1118096894, 978-1-11921511, 978-1118096895
