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Green Yards has a capital structure of 50 % common stock, 15% preferred stock, and 35 % debt. The flotation costs are 3 % for

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Green Yards has a capital structure of 50 % common stock, 15% preferred stock, and 35 % debt. The flotation costs are 3 % for debt, 6% for preferred stock, and 8 % for common stock. What is the weighted average flotation cost? Multiple Choice 5.88 % 5.47% 5.20 % 5.54% 5 95%

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