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E12-1A EXERCISES-SET A L, Weighted Average Cost of Capital Gardner, Inc., plans to finance its expansion by raising neded nvestment capital from the following sources

E12-1A

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EXERCISES-SET A L, Weighted Average Cost of Capital Gardner, Inc., plans to finance its expansion by raising neded nvestment capital from the following sources in the indicated proportions and respective capital cost rates: Capital Cost Source Proportion Rate Bonds 40% 20 30 20 13% 9 12 100% Calculate the weighted average cost of capital

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