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Pld Company has debt with a yield to maturity of 81%, a cost ofegaty of 13 8%, and a cost of preferred stock of 90%.

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Pld Company has debt with a yield to maturity of 81%, a cost ofegaty of 13 8%, and a cost of preferred stock of 90%. The market values of its debt, preferred stock, and equity we $144 milion $3 million and $136 milion respectively, and its tax rate is 25%. What is this firm's after tax WACC) Note: Assume that the firm will always be able to utilize its full interest tax shield Pids WACC [% Round to two decimal places) D

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