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A firm has $5 million debt, $4 million common equity and $1 milion pretermed taiky. The bond's yield to maturity is 5%. The firm just

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A firm has $5 million debt, $4 million common equity and $1 milion pretermed taiky. The bond's yield to maturity is 5%. The firm just paid $2/ share oividend to sreferns stockholder and the current preferred stock price is $40. Cost of common eaitis is 10%. Tax rate is 20%. What is the WACC? 6.50% 5.80% 4.40% 7.05% Page 24d25

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