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need help solving this thank you Locomotion Transport has a current capital structure of Long Term Debts 6.000.000 Preferred Stock 5100.000 Common Equity 517.400.000 Locomotioneeds
need help solving this thank you Locomotion Transport has a current capital structure of Long Term Debts 6.000.000 Preferred Stock 5100.000 Common Equity 517.400.000 Locomotioneeds to finance $ 7.000 in plexpenditures to replace an trainen pes Management has decided to maintain the current capital mix and feels that any common Equity financing will be able through income from cperations at a cost of the investment Bank has indicated that the interest rate on a bond se including Potation cost be so Haused duidends on towed 5100 w Wue preferred stock will be wnd notation couts will be s tax rate 25 The amount of dew preferred stock they will need to coues pounding to the nearests 1001 SHartone 16.100 015161.00 Sono Od 31.351.000 Otomation to determine
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