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Question 24 Type of Cost Target % Cost Debt (before tax) 30 10% Preferred Stock Common Stock 10 11% 60 16% Given the following

 

 

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Question 24 Type of Cost Target % Cost Debt (before tax) 30 10% Preferred Stock Common Stock 10 11% 60 16% Given the following information regarding Builtrite's capital structure, calculate its weighted average cost of capital assuming a 40% tax bracket. 13.93% 14.10% 12.50% O 12.78%

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