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Capital structure Value (R) Pre-tax cost of capital Ordinary share capital 158446 23 Preference share capital 24297 16 Long-term debt 33208 19 Calculate the Weighted

Capital structure Value (R) Pre-tax cost of capital
Ordinary share capital 158446 23
Preference share capital 24297 16
Long-term debt 33208 19

Calculate the Weighted Average Cost of Capital of Happy Homes Ltd, which has an average tax rate of 28%.

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