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Compute the weighted average cost of capital given: The before tax cost of debt is 9.5% The cost of preferred stock is 10.75% The cost
Compute the weighted average cost of capital given: The before tax cost of debt is 9.5% The cost of preferred stock is 10.75% The cost of common stock equity is 12% The tax rate is 40% The sources of capital are: Long term debt 48% Preferred stock 12% Common stock equity ????? answer using the format: 9.99%
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