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Suppose Micro Spinoffs's cost of equity is 12.5%.What is its WACC if equity is 50%, preferred stock is 20%, and debt is 30% of total

Suppose Micro Spinoffs's cost of equity is 12.5%.What is its WACC if equity is 50%, preferred stock is 20%, and debt is 30% of total capital? (Round your answer to 2 decimal places.)

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