--------------- I do not want a detailed answer. I just want the final answer as...
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Accounting
--------------- I do not want a detailed answer. I just want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir
A company expects to fund its capital budget without issuing any additional shares of common stock. An analyst has gathered the following information: Source of capital Marginal Capital structure after-tax proportion cost Long-term debt 40% 6% Preferred stock 10% 10% Common equity 50% 15% The WACC of the company is calculated as
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