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Click Submit to complete this assessment. Question 1 Madison Motors has provided you the following information: The yield to maturity on their newly issued debt is 7.5% Their common stock has an equity beta of 1.41 T-Bills are returning 2.7%, and the Dow Jones Industrial market index is returning 7.0% The company's preferred stock is selling for $32.27 and pays an annual dividend of $1.99 The company's capital structure is composed of 55% common equity, 40% debt and the remainder in preferred stock The company's tax rate is 39% Based on the information given, what is Madison Motors' WACC? Enter your answer as a decimal with a leading zero and 4 decimal places of precision (i e 0.1234) Click Submit to complete this assessment