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Claibome Company finances its assets with $5,280,000 of debt, $1,200,000 of preferred stock and $5,520,000 of common stock. Based upon the information provided below, what

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Claibome Company finances its assets with $5,280,000 of debt, $1,200,000 of preferred stock and $5,520,000 of common stock. Based upon the information provided below, what is the company's weighted average cost of capital Claiborne Company Yield to Maturity of Bonds 8.69% Dividend of Preferred Stock $832 Dividend at time 0 (0) $5.43 Constant Growth Rate of Common Stock (9) 6% Preferred Stock Price $103.59 Common Stock Price $63.58 Tax Rate 21%

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