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Common stock is valued at $400,000. Long-term debt is valued at 250,000. Preferred stock is valued at $50,000. What is the WACC where common stock
Common stock is valued at $400,000. Long-term debt is valued at 250,000. Preferred stock is valued at $50,000. What is the WACC where common stock costs $0.16, longterm debt costs $0.08, and preferred stock costs $0.07? The tax rate is 40%.
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