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QUESTION 18 ABC Company has $100,000 in debt. $50,000 in preferred stock and 550,000 in common stock. The interest rate on the debt is 7,

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QUESTION 18 ABC Company has $100,000 in debt. $50,000 in preferred stock and 550,000 in common stock. The interest rate on the debt is 7, the dividend per share for the preferred stock 52 and the price of the preferred stock is $20 per share. The cost of the common stock is 14. The tax rate is 407. Please calculate the weighted average cost of capital for ABC Company Attach File Browse My Computer

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