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Rocket Rentals LLC recently hired you as a consultant to estimate the company's WACC. You have obtained the following information (1) The firm has non-callable

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Rocket Rentals LLC recently hired you as a consultant to estimate the company's WACC. You have obtained the following information (1) The firm has non-callable bonds that mature in 15 years, have a 5.5% annual coupon, a par value of $1,000, and are currently trading on the market for 51,035 (2) The company's tax rate is 22% (3) The market risk premium is 7.25%, the risk free rate is 2.596, and the company's beta is 1.20. (4) Preferred stock currently trades at $50 and has a divided of $3.50 per share (5) The target capital structure is 35% debt, 10% preferred stock, and 55% common stock What is the pre-tax cost of debt? please round two decimal points. Example, you calculate the cost of debt as .03698 then you enter 3.796 PV PMT FV What is the cost of common stock? please list as a percentage and round two decimal points. For example.17383 you would enter 17.38% What is the cost of preferred stock? What is the WACC

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