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pfd Company has debt with a yield to maturity of 7.5%, a cost of equity of 15.1%, and a cost of preferred stock of 8.8%.
pfd Company has debt with a yield to maturity of 7.5%, a cost of equity of 15.1%, and a cost of preferred stock of 8.8%. The market values of its debt perferred stock, and equity are 15.1 million, 3.4 million and 16.9 million, respectivley, and its tax rate is 38%. what is this firm's after taxWACC? Note: Assume that the firm will always be able to utilize its full interest tax shield
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