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XYZ has target capital structure of 60% common stock, 30% debt and 10% preferred stock. The Beta of the firm is 1.5. The risk free

XYZ has target capital structure of 60% common stock, 30% debt and 10% preferred stock. The Beta of the firm is 1.5. The risk free rate is 4%, the market return is 10%. YTM = 4%. Preferred stock dividend is 5%. The firm's tax rate is 20% Calculate the WACC

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