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A firm has the following capital components and costs. Component Value Dibt 15961 After-Tax Cost 9 % Preferred Stock 8362 7% Common Equity 11254 13

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A firm has the following capital components and costs. Component Value Dibt 15961 After-Tax Cost 9 % Preferred Stock 8362 7% Common Equity 11254 13 % What is the firm's weighted average cost of capital? % (to two decimal places)

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