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Valley Equipment has three forms of financing Bonds, Preferred Stock and Common Stock It weights the financing 60% bondis. 20% preferred stock and 40% common

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Valley Equipment has three forms of financing Bonds, Preferred Stock and Common Stock It weights the financing 60% bondis. 20% preferred stock and 40% common stock. If its after-tax cost of debt is 6%. its cost of preferred stock is 7%, and cost of common stock 10% what is Valley Equipment's overal weighted average cost of capital? Multiple Choice 250 percent 780 percent 295 percent 80 percent

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