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For a typical firm, which of the following sequences is CORRECT? All rates are after taxes, and assume that the firm operates at its target

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For a typical firm, which of the following sequences is CORRECT? All rates are after taxes, and assume that the firm operates at its target capital structure. Cost of subscripts: rc = common stock; rp preferred stock; rd = debt rc > rp > rd > WACC. Rc > rp > WACC > rd. WACC > rp > rc > rd. rd > rp > WACC > rc. WACC > rd > rc > rp

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