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Calculate the weighted average cost of capital for Oracle based on the following weights and costs. Oracle's capital structure is 40% debt, 10% preferred stock

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Calculate the weighted average cost of capital for Oracle based on the following weights and costs. Oracle's capital structure is 40% debt, 10% preferred stock and 50% from retained earnings. The cost of preferred stock is 12.0%. The cost of debt is 4.0%. The cost of retained earnings is 9.0% Post your answer as a \% with one decimal place. For example 6.6

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