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Given the following information, what is the weighted average cost of capital for this firm? total liabilities (millions)- $40 shareholder's equity (millions)- $75.10 preferred equity

Given the following information, what is the weighted average cost of capital for this firm?

total liabilities (millions)- $40

shareholder's equity (millions)- $75.10

preferred equity (millions)- $0

cost of debt- 6.20%

cost of common equity- 9.90%

tax rate- $28.50%

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