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Please show work Compute WACC, given the following: 5.61% cost of debt, 9.81% cost of preferred stock and 14.12% cost of equity. The company faces

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Compute WACC, given the following: 5.61% cost of debt, 9.81% cost of preferred stock and 14.12% cost of equity. The company faces a 20% tax rate and has a capital structure with 39% debt, 9% preferred stock, and the remainder coming from common stock. (Enter your answer as a percent with 2 decimal places but without the % symbol. For example, if you compute 25.00%, enter 25.00)

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