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Given the following information, what is the firm's weighted average cost of capital. Cost (after tax) Weights Weighted Cost Debt 6.5% 40% Preferred Stock 11%
Given the following information, what is the firm's weighted average cost of capital.
| Cost (after tax) | Weights | Weighted Cost |
Debt | 6.5% | 40% |
|
Preferred Stock | 11% | 5% |
|
Common Stock | 13% | 55% |
|
Weighted Average Cost of Capital |
|
|
|
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