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Question 6 2 Points A firm has $9.7 Billion debt outstanding, with a yield to maturity of 4.3% and a coupon rate of 4%. They

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Question 6 2 Points A firm has $9.7 Billion debt outstanding, with a yield to maturity of 4.3% and a coupon rate of 4%. They have 198 million preferred shares outstanding, currently trading at $98.58. They also have 844 million common shares outstanding, currently trading at $43.83 and the corporate tax rate is 28%. If the return on common stock (return on equity) is 9.9% and the return on preferred stock is 7% what is the Weighted Average Cost of Capital (WACC)? Add your

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