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Problem 4 King Fisher Aviation has a target capital structure of 72 percent common stock and 28 percent debt. Their cost of equity is 12

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Problem 4 King Fisher Aviation has a target capital structure of 72 percent common stock and 28 percent debt. Their cost of equity is 12 percent and the cost of debt is 5 percent. The tax rate is 40 percent. What is King Fisher's WACC? Fill in the values in the spreadsheet

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