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L corp pipeline has an after tax cost of debt of 3.5% and a cost of preferred equity of 5% its cost of common equity
L corp pipeline has an after tax cost of debt of 3.5% and a cost of preferred equity of 5% its cost of common equity is 12%. What is the weighted average cost of capital (WACC) if the capital structure consists of 50% debt, 6% preferred equity and the rest common equity?
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