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Health foods has a target capital structure of 55% common stock,5% preferred stock and 40% debt. Its cost of equity is 14.3%, the cost of
Health foods has a target capital structure of 55% common stock,5% preferred stock and 40% debt. Its cost of equity is 14.3%, the cost of preferrec stock is 8.9% and the pre tax cost of debt is 8.1% What is the company's WACC if the applicable tax rate is 34%?
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