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need help thanks! Jerry's Donuts has the following costs: Preferred stock is 7.1% After tax cost of debt is 6.3% Cost of equity is 9.6%
need help thanks!
Jerry's Donuts has the following costs: Preferred stock is 7.1% After tax cost of debt is 6.3% Cost of equity is 9.6% Cost of new stock is 13.7% Jerry wants 40% debt, 10% preferred and 50% from retained earnings. What is his WACC? Post your answer as a \% with 2 decimal places. 8.03 Step by Step Solution
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