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The target capital structure for QM Industries is 41 percent common stock, 6 percent preferred stock, and 53 percent debt. If the cost of common
The target capital structure for QM Industries is 41 percent common stock, 6 percent preferred stock, and 53 percent debt. If the cost of common equity for the firm is 18.2 percent, the cost of preferred stock is 9.8 percent, the before-tax cost of debt is 7.1 percent, and the firm's tax rate is 35 percent, what is QM's weighted average cost of capital
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