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Shi Import - Exports balance sheet shows $ 3 0 0 million in debt, $ 5 0 million in preferred stock, and $ 2 5

Shi Import-Exports balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in
total common equity. Shis tax rate is 25%, rd 56%, rps 55.8%, and rs 512%. If Shi has a target capital structure of
30% debt, 5% preferred stock, and 65% common stock, what is its WACC?

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