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Warning Inc. has a target capital structure of 0.20 debt, 0.50 preferred stock, and 0.30 common equity. The company's cost of debt is 5%, its
Warning Inc. has a target capital structure of 0.20 debt, 0.50 preferred stock, and 0.30 common equity. The company's cost of debt is 5%, its cost of preferred stock is 10%, its cost of its cost of common equity is 14%. What is the company's cost of capital? Round to nearest .1
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