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Source of capital Value Cost Long-term debt 80000 ? Preferred stock 60000 0.12 Common stock 60000 0.14 If WACC is 10%, The cost of Long-term
Source of capital Value Cost Long-term debt 80000 ? Preferred stock 60000 0.12 Common stock 60000 0.14 If WACC is 10%, The cost of Long-term debt is about 6.5%
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
7th Edition
0030333288, 9780030333286
