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Use the information in above two questions as well as the following information. In addition to common stock, Quarri has 500,000 preferred shares outstanding that
Use the information in above two questions as well as the following information. In addition to common stock, Quarri has 500,000 preferred shares outstanding that pay an annual dividend of $2 per share and are currently trading for $20.00 a share. The company's outstanding bonds have a market value of $200,000,000. There are 2 million shares of common stock outstanding with a current market price of $98.00 per share. what is the firm's weighted average cost of capital? O 0.0899 O0.0599 O0.0699 O 0.0799
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