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Please show work You were hired as a consultant to Sharp Rocks Company, whose target capital structure is 40% debt, 15% preferred, and 45% common

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You were hired as a consultant to Sharp Rocks Company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is 6.00%, the cost of preferred is 7.50%, the cost of common stock is 12.75%, and the marginal tax rate is 40%. The firm will not be issuing any new stock. What is its WACC

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