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?
A) 10.0%
B) 27.0%
C) 6.0%
D) 21.0%
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