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Suppose Company A has twenty two thousand shares of common stock outstanding with a share price of sixty one and a rate of return of

Suppose Company A has twenty two thousand shares of common stock outstanding with a share price of sixty one and a rate of return of 12%. Company A's debt has a total face value of $340,000 and currently sells for one hundred and three percent of par. The field to maturity on the debt is seven percent. Company A has six thousand shares of seven percent preferred stock outstanding at a price of eighty six dollars. The preferred stock has a par value of one hundred dollars. suppose the tax rate is twenty percent. what is the WACC?

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