A firm is financed with 869 debt 313 common equity and 146 preferred equity. The...
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A firm is financed with 869 debt 313 common equity and 146 preferred equity. The before-tax cost of debt is 5%, the firm's cost of common equity is 15 and that of preferred equity is 10%. The marginal tax rate is 30%. What is the firm's weighted average cost of capital
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