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Bean's Coffee is trying to determine their weighted average cost of capital ( WACC ) . They've gathered the following information about their capital structure:

Bean's Coffee is trying to determine their weighted average cost of capital (WACC). They've gathered the following information about their capital structure:
Capital Source Market Value (in millions)/Book Value (in millions)/Required Return
Common Stock 205/52/13%
Preferred Stock 18/6/9%
Debt 56/53/4%
Bean's Coffee also has a corporate tax rate of 30%. What is the WACC for Bean's Coffee?

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