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QUESTION 6 A firm has the following capital components and costs. Component Value After-Tax Cost Debt 15,700 9 % Preferred Stock 7,504 7 % Common
QUESTION 6 A firm has the following capital components and costs. Component Value After-Tax Cost Debt 15,700 9 % Preferred Stock 7,504 7 % Common Equity 10,142 14 % What is the firm's weighted average cost of capital? % (to two decimal places)
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