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Geothermal's cost of debt is 4.5%, the dividend yield on the preferred is 7.1%, the cost of equity is 9.7%, and the tax rate is

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Geothermal's cost of debt is 4.5%, the dividend yield on the preferred is 7.1%, the cost of equity is 9.7%, and the tax rate is 22%. The company uses 25% of debt in its capital structure and 14% of preferred; the rest is common equity. The weighted average cost of capital for the company is \% (accurate to 4 decimals)

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