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The pre-tax cost of debt is 11%, the cost of preferred stock costs 14%, and the cost of equity is 15%. What is the weighted
The pre-tax cost of debt is 11%, the cost of preferred stock costs 14%, and the cost of equity is 15%. What is the weighted average cost of capital assuming a tax rate of 40% and a target capital structure of 40% debt, 35% preferred stock, and 25% equity? O 11.680% O 11.290% O 11.440% 13.480% O 10.240%
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