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You were hired as a consultant to giambono company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. the after-tax cost

You were hired as a consultant to giambono company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. the after-tax cost of debt is 6.00%, the cost of preferred is 7.50%, and the cost of retained earnings is 11.50%. the firm will not be issuing any new stock. what is its wacc?

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