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The after-tax cost of dept is 600 the cost of preferred is

You were hired as a consultant to a company, whose target capital structure is 40% dept, 15% preffered, and 45% common equity. The after-tax cost of dept is 6.00%, the cost of preferred is 7.50%, and the cost of common using retained earnings is 12.75%. The firm will not be issuing any new stock. What is its WAAC?

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Business Management: The after-tax cost of dept is 600 the cost of preferred is

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