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how do you find the weighted average cost of capital? 12-25 MicroTech Corporation is subject to a 35% income tax rate. Given the following information

how do you find the weighted average cost of capital?

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12-25 MicroTech Corporation is subject to a 35% income tax rate. Given the following information about the firm's capital structure, calculate the corporation's weighted-average cost of capital (WACC), rounded to 1 decimal place: Source of Funds Market Value After-Tax Rate or Expected Return Long-term debt Preferred stock Common stock $40 million 20 million 60 million 7.0% 9.0 12.0

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