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Suppose a firm has $144 million debt, $55 million preferred stock, and $257 million equity...

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Finance

Suppose a firm has $144 million debt, $55 million preferred stock, and $257 million equity in its capital structure (all market values). The cost of these sources of capital are 3.4%, 7.3%, and 10.1%, respectively. The firm's tax rate is 28%. What is this firm's WACC? (answer in PERCENT, but without the percent sign)

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