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please show work 2. Please determine the weighted average cost of capital for the following situation: A company's capital structure is 70% debt and 30%
please show work 2. Please determine the weighted average cost of capital for the following situation: A company's capital structure is 70% debt and 30% equity. The pre-tax cost of debt is 8% and the cost of equity is 10%. The corporate income tax rate is 30%. WACC = [D/V (1-t): debt] + (P/V x [preferred) + (E/V * Tequity)
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