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What if a organization financed with 0.2 equity, 0.1 preferred stock and the remaining debt subject to a corporate tax rate 30% if the required
What if a organization financed with 0.2 equity, 0.1 preferred stock and the remaining debt subject to a corporate tax rate 30% if the required rate of return on the debt is 5.44% on the preferred stock is 8.41% and on the common stock is 15.90% what is the weighted average cost of capital for this organization?
Round the answer to two decimals
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