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The company cost of capital for a firm with 60/30/10 debt/common/preferred split 8% cost of debut,15% cost of equity, preferred stock sell for $50 today
The company cost of capital for a firm with 60/30/10 debt/common/preferred split 8% cost of debut,15% cost of equity, preferred stock sell for $50 today will pay $6 dividend in year1.Assume a 35% tax rate solve for WACC.
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