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Question 9 ( 1 point ) The Patrick Company's year - end balance sheet is shown below. Its cost of common equity is 1 6
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The Patrick Company's yearend balance sheet is shown below. Its cost of common equity is its beforetax cost of debt is and its marginal tax rate is Assume that the firm's longterm debt sells at par value. The firm has shares of common stock outstanding that sell for $ per share. Calculate Patrick's WACC using market value weights.
tableAssetsLiabilities and Equity,CashAccounts receivable,InventoriesLongterm debt,Plant and equipment, net,Common equity,Total assets,Total liabilities and equity,
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