A company has the following capital structure: 30% debt, 60% common equity & 10% preferred...

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Finance

A company has the following capital structure: 30% debt, 60% common equity & 10% preferred equity. The estimated after-tax cost of debt, cost of common equity and cost of preferred equity is 6%, 12% & 10% respectively. What is the weighted average cost of capital for the company?

Options: 10.0% 27.0% 6.0% 21.0%

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