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What is the WACC for a firm with 40% debt, 20% preferred stock, and 40% equity if their respective costs are 9.23% before tax, 12%,

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What is the WACC for a firm with 40% debt, 20% preferred stock, and 40% equity if their respective costs are 9.23% before tax, 12%, and 18%? The firm's tax rate is 21%. Multiple Choice 9.48% 11.16% O o 12.52% O 15.60%

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