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Alexander Corporation's balance sheet shows $400 million in debt, $80 million in preferred stock, and $520 million in total common equity. The firm's tax rate
Alexander Corporation's balance sheet shows $400 million in debt, $80 million in preferred stock, and $520 million in total common equity. The firm's tax rate is: 40% Rate on Debt (Rd) 5% Rate on Preferred Stock (Rps) 6% Rate on Common Stock (Rcs) 10% If MXZ has a target capital structure of 40% debt, 10% preferred stock, and 50% common stock, what is its Weighed Average Cost of Capital (WACC)? Show calculations, and use table please
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