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ABC Corporation is a levered company. This means, it has both debt and equity in its capital structure. . Its capital structure includes 46 %

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ABC Corporation is a levered company. This means, it has both debt and equity in its capital structure. . Its capital structure includes 46 % common stock, and 5 % preferred stock, and everything else is debt ABC Corporation's cost of equity, cost of preferred stock, and after-tax cost of debt equal 15.8 %, 8.3 %, and 6.8 %, respectively. ABC Corporation pays a 23% tax rate on all of its taxable income. Calculate the company's weighted average cost of capital. . . Multiple Choice 9.89% 10.43% 12.17% 11.38% 11.02%

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