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Compute WACC, given the following: 4.69% cost of debt, 9.12% cost of preferred stock and 14.45% cost of equity. The company faces a 21% tax
Compute WACC, given the following: 4.69% cost of debt, 9.12% cost of preferred stock and 14.45% cost of equity. The company faces a 21% tax rate and has a capital structure with 36% debt, 6% preferred stock, and the remainder coming from common stock.
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