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Hatter Inc. has the following capital components and costs. Calculate Hatter's WACC. Tax rate 40% Component Value Cost Debt 11,500 11% Preferred Stock 7,500 10%
Hatter Inc. has the following capital components and costs. Calculate Hatter's WACC.
Tax rate 40%
| Component | Value | Cost |
| Debt | 11,500 | 11% |
| Preferred Stock | 7,500 | 10% |
| Common Equity | 19,000 | 15% |
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Core Concepts of Accounting Information Systems
Authors: Mark G. Simkin, Jacob M. Rose, Carolyn S. Norman
12th edition
1118022300, 978-1118022306
