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Show math calculations, not excel 5. Robyn's Rest Stops has a target capital structure of 50% common stock, 15% preferred stock, and 35% debt. Its

image text in transcribedShow math calculations, not excel

5. Robyn's Rest Stops has a target capital structure of 50% common stock, 15% preferred stock, and 35% debt. Its cost of equity is 15%, cost of preferred is 9%, and pre-tax cost of debt is 5%. The company's tax rate is 34%. What is Robyn's WACC

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