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Question 2 5 points Save Answer Source of capital Weight Cost Long term debt 50% 10% (Before tax rate) Preferred stock 40% 13% Common stock
Question 2 5 points Save Answer Source of capital Weight Cost Long term debt 50% 10% (Before tax rate) Preferred stock 40% 13% Common stock 10% 13% ABC Corp. has the above capital structure with associated cost of each capital. Assume tax rate is 35%, calculate weighted average cost of capital. Enter your answer in 2 decimal place
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