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Bonds currently provide a yield to maturity of 11%. Preferred stock is yielding 9%. Common stock is yielding 138 . Marginal tax rate is 30%

image text in transcribed Bonds currently provide a yield to maturity of 11%. Preferred stock is yielding 9%. Common stock is yielding 138 . Marginal tax rate is 30% Capital structure is considered optimal. The firm's weighted average cost of capital is closest to A.9.2%B.10.0% C. 10.8% D. 11.6% E. 13.08

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