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Global Technology's capital structure is as follows Debt 35% Preferred stock 15 Common equity 50 The aftertax cost of debt is 6.50 percent, the cost
Global Technology's capital structure is as follows
Debt 35%
Preferred stock 15
Common equity 50
The aftertax cost of debt is 6.50 percent, the cost of preferred stock is 10.50 percent, and the cost of common equity (in the form of retained earnings) is 13.50 percent.
Calculate the Global Technology's weighted cost of each source of capital.
Do not round intermediate calculations.
Input your answer as a percent rounded to 2 decimal places.
Weighted cost
Debt ??? %
Preferred stock ???
Common equity ???
Weighted avg cost of capital ??? %
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