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is the symbol that represents the cost of raising capital through retained earnings in the weighted average cost of capital (WACC) equation. Raymond Co. has

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is the symbol that represents the cost of raising capital through retained earnings in the weighted average cost of capital (WACC) equation. Raymond Co. has $1.1 million of debt, $2 million of preferred stock, and $1.8 million of common equity. What would be its weight on preferred stock? 0.41 0.22 0.45 0.33 rs rd re rps

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