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Calculate the weighted average cost of capital (tax is 36%)? Account $ Costs before tax Long-term Debt 2,000,000 10% Preferred Stock 500,000 14% Common Stock
Calculate the weighted average cost of capital (tax is 36%)?
Account | $ | Costs before tax |
Long-term Debt | 2,000,000 | 10% |
Preferred Stock | 500,000 | 14% |
Common Stock | 2,500,000 | 18% |
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