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QUESTIONS A firm is considering a project and plan to obtain a target capital structure with $47.101 of debt at a before-tax cost of 9.6%,

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QUESTIONS A firm is considering a project and plan to obtain a target capital structure with $47.101 of debt at a before-tax cost of 9.6%, $13,384 of preferred stock at a cost of 10.7% and $67,840 of equity at a cost of 13.5%. The firm faces a tax rate of 40%. What will be the firm's weight on proferred stock? (your answer should be in porcentages 80 10% would be entered as 10)

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