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AdjustedWACC.??Clark? Explorers, Inc., an engineering? firm, has thefollowing capital? structure:??EquityPreferred StockDebtMarket Price?$56.14?$101.55?$954.28Outstanding units120,00014,0005,825Book value?$3,305,000?$1,438,000?$5,825,000Cost of capital15.81?%12.01?%10.9?%. Using market value and book value? (separately, of? course),find the adjusted WACC for Clark Explorers at the following tax?rates:a.35?%b.30?%c.15?%d.10%
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