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ACME Co. is financed with the following: Equity 46%, Preferred Stock 5%, Debt 49%. The required returns are: Equity 15.8%, Preferred 8.3%, Debt 6.8%. Tax

ACME Co. is financed with the following: Equity 46%, Preferred Stock 5%, Debt 49%. The required returns are: Equity 15.8%, Preferred 8.3%, Debt 6.8%. Tax rate is 23%. Calculate WACC.

I solved it and got 10.25. Please let me know if this is correct. Thank you

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Question

ACME Co. is financed with the following: Equity 46%, Preferred Stock 5%, Debt 49%. The required returns are: Equity 15.8%, Preferred 8.3%, Debt 6.8%. Tax

ACME Co. is financed with the following: Equity 46%, Preferred Stock 5%, Debt 49%. The required returns are: Equity 15.8%, Preferred 8.3%, Debt 6.8%. Tax rate is 23%. Calculate WACC. I solved it and got 10.25. Please let me know if this is correct. Thank you

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ACME Co. is financed with the following: Equity 46%, Preferred Stock 5%, Debt 49%. The required returns are: Equity 15.8%, Preferred 8.3%, Debt 6.8%. Tax rate is 23%. Calculate WACC.

I solved it and got 10.25. Please let me know if this is correct. Thank you