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Global Technology's capital structure is as follows. Debt Preferred stock Common equity 358 15 50 The aftertax cost of debt is 700 percent, the cost

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Global Technology's capital structure is as follows. Debt Preferred stock Common equity 358 15 50 The aftertax cost of debt is 700 percent, the cost of preferred stock is 11.00 percent, and the cost of common equity in the form of retained earnings) is 14.00 percent Calculate the Global Technology's weighted cost of each source of capital and the weighted average cost of capital (Do not round Intermediate calculations. Input your answers as a percent rounded to 2 decimal places.) Notice that this problem asks for the weighted costs. These are the unweighted costs times the weights. Like this (kd}(wd) - weighted cost of debt Weighted Cost Debt Preferred stock Common equity Weighted average cost of capital % %

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