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What is the overall (weighted average) cost of capital when the firm has Rs 20 crore in long-term debt, 4 crore in preferred stock, and

What is the overall (weighted average) cost of capital when the firm has Rs 20 crore in long-term debt, 4 crore in preferred stock, and Rs 16 crore in equity shares. The before-tax cost for debt, preferred stock, and equity capital are 8%, 9%, and 15%, respectively. Assume a 50% tax rate.

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