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The Aztec Corporation has the following capital components and costs. Calculate Aztec's WACC. Component Value Cost Debt $ 23,625 12.0% Preferred Stock $ 4,350 13.5%

The Aztec Corporation has the following capital components and costs. Calculate Aztec's WACC.

Component Value Cost

Debt $ 23,625 12.0%

Preferred Stock $ 4,350 13.5%

Common Equity $ 52,275 19.2%

Aztec has a 35% marginal tax rate.

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