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

The Aztec Corporation has the following market 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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