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Miller Manufacture has a target capital structure of 60%common stock, 15% of preferred stock and 25% of debt.Its cost of equity is 9%, its cost

Miller Manufacture has a target capital structure of 60%common stock, 15% of preferred stock and 25% of debt.Its cost of equity is 9%, its cost of preferred stock is 8%and its cost of debt is 5%. I 2 answers

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