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A firm cost of debt = 6%, cost of Preferred stock = 5%, and required common stock return = 12%. if the capital structure =
A firm cost of debt = 6%, cost of Preferred stock = 5%, and required common stock return = 12%. if the capital structure = 30% debt, 5% preferred, and 65% common stock, calculate the WACC:
1. | 8.55% | |
2. | 9.63% | |
3. | 10.21% | |
4. | none of the answers are correct |
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