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Consider a firm that has 3 9 % of debt, 8 % of preferred stock, and 5 3 % of equity. The rates of return
Consider a firm that has of debt, of preferred stock, and of equity. The rates of return for debt, preferred stock, and equity are and
respectively. The corporate tax rate is What is the weighted average cost of capital? Enter your answer as a percentage and rounded to
DECIMAL PLACES. Do not include the percentage sign in your answer.
Enter your response below.
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