Please help me understand the proper formula and steps to work this problem Thank you WACC The Corporation has a targeted capital structure of 80 common stock and 20 debt The cost of equity is 12 and the cost of debt is 7 The tax rate is 30 What is the company's weighted average cost of capital (WACC)

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Please help me understand the proper formula and steps to work this problem. Thank you. WACC:The Corporation has a targeted capital structure of 80% common

Please help me understand the proper formula and steps to work this problem. Thank you.

WACC:The Corporation has a targeted capital structure of 80% common stock and 20% debt. The cost of equity is 12% and the cost of debt is 7%. The tax rate is 30%. What is the company's weighted average cost of capital (WACC)?

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