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The Weighted Average Cost of Capital is calculated using all the different costs in an after-tax basis. However, not all the components of the WACC

The Weighted Average Cost of Capital is calculated using all the different costs in an after-tax basis. However, not all the components of the WACC require an adjustment for taxes. What component of the capital structure needs to be adjusted by taxes for the WACC calculation?

Retained Earnings

Common Equity

Cash

Long Term Debt

Preferred Equity

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