Amazing Automotive has the following capital structure: Common Stock 45% Debt 35% Preferred Stock 20%...
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Finance
Amazing Automotive has the following capital structure:
Common Stock 45% Debt 35% Preferred Stock 20%
Their after-tax cost of debt is 9%, their cost of preferred stock is 12%, and their cost of common stock in the form of retained earnings is 15%. What is Amazing Automotives weighted average cost of capital?
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