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A firm has a long-term debt of $57,000, common equity of $90,000, and preferred stock of $15,000. What is its current capital structure? If debt
A firm has a long-term debt of $57,000, common equity of $90,000, and preferred stock of $15,000. What is its current capital structure? If debt costs 10.2% pretax, preferred stock costs 12.2%, and equity costs 15.8%, what is the WACC (assuming a 40% tax rate)? The total value of the capital is $ (Round to the nearest dollar.)
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