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please explain & show work thank you 10-46 If a company is able to sell preferred stock at 15% and raise common equity at 16.5%,
please explain & show work
10-46 If a company is able to sell preferred stock at 15% and raise common equity at 16.5%, after tax cost of debt is 7.8%. What is the WACC when its target capital structure is 30% debt, 55% common equity, and 15% preferred stock thank you
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