If the cost of common equityfor the firm is 171 the cost of


The target capital structure for QM Industries is 43% common stock, 10% preferred stock and 47% debt. If the cost of common equityfor the firm is 17.1%, the cost of prefered stock is 9.3%, the before tax cost of debt is 7.7% and the firms tax rate is 35%, what is QM's weighted average cost of capital?

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Financial Econometrics: If the cost of common equityfor the firm is 171 the cost of
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