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ninecent corporation has a target capital structure of 65 percent common stock. 10 percent preferred stock, and 25 percent deb. it is cost of equity
ninecent corporation has a target capital structure of 65 percent common stock. 10 percent preferred stock, and 25 percent deb. it is cost of equity is 13 percent, the cost of preferred stock is 6 percent, and the pretext cost of debt is 7 percent. the relevant tax rate is 21 percent.
what is the company WACC?
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