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Game of Thrones Corporation has a target capital structure of SON common stock, 108 preferred stock, and 40 debt. Its cost of equity is the

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Game of Thrones Corporation has a target capital structure of SON common stock, 108 preferred stock, and 40 debt. Its cost of equity is the cost of preferred stockis 4%, and the pretax cost of debt is 5%. The relevant tax rate is 30. What is the company's WACCP (Enter your answer as a percent rounded to 2 decimal places)

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