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Jair, Venise and Caveen Inc. has the following capital structure Given a tax rate of 25% with the following cost:- 13.5% for preferred stock 19%

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Jair, Venise and Caveen Inc. has the following capital structure Given a tax rate of 25% with the following cost:- 13.5% for preferred stock 19% for common stock, and 8% for debt Determine the company's WACC. (4 marks) Select one: a. 15.60% b. 16.80% c. 16.60% d. 15.80% e. 15.90%

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