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In early 2019, the market values of ABCs common stock, preferred stock, and debt were $ 50,111 million, $7,431 million, and $19,999 million, respectively. Given
In early 2019, the market values of ABCs common stock, preferred stock, and debt were $ 50,111 million, $7,431 million, and $19,999 million, respectively. Given the costs of common stock, preferred stock, and debt we have already computed, ABCs WACC in early 2019 was" ?
Cost of Equity 4.99%
Cost of Preferred Stock 3.97%
Cost of Debt, after tax 2.21%
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