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Shaw Communications is currently financed with 3 0 % equity, 1 0 % preferred stock, and 6 0 % debt. It has a cost of

Shaw Communications is currently financed with30% equity,10% preferred stock, and60% debt. It has a cost of equity capital of11%, a cost of preferred stock of7.5%, and its pretax cost of debt is6%. If the firm has a tax rate of30%, what is Shaw's weighted average cost of capital(WACC)?

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