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Brealey Corp. has a target capital structure of 40% commonstock, 10% preferred stock, and 50% debt. Its cost of equity is12%, the cost of preferred
Brealey Corp. has a target capital structure of 40% commonstock, 10% preferred stock, and 50% debt. Its cost of equity is12%, the cost of preferred stock is 9%, and the pre-tax cost ofdebt is 6%. I 1 answer
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