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of A company expects to fund its capital budget without issuing any additional shares of common stock. An analyst has gathered the following information: Source

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of A company expects to fund its capital budget without issuing any additional shares of common stock. An analyst has gathered the following information: Source of capital Capital Marginal structure after-tax proportion cost Long-term debt 40% 16% Preferred stock 10% 10% Common equity 50% 15%

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