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a. You were hired as a consultant to Giambono Company, whose target capital structure is 35% debt, 20% preferred, and 45% common equity. The after-tax

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a. You were hired as a consultant to Giambono Company, whose target capital structure is 35% debt, 20% preferred, and 45% common equity. The after-tax cost of debt is 6.00%, the cost of preferred is 7.50%, and the cost of retained earnings is 12.00%. The firm will not be issuing any new stock. What is its WACC

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