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The capital structure for the Bias Corporation is the following. The company plans to maintain its debt structure in the future. If the firm has

The capital structure for the Bias Corporation is the following. The company plans to maintain its debt structure in the future. If the firm has a 6 percent after tax cost of debt, a 13.5 percent cost of preferred stock and a 19 percent cost of common stock, what is the firms weighted average cost of capital?

Bonds $1,100
Preferred Stock 250
Common Stock 3,700
$5,050

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