What is the weighted average cost of capital for crescent


Crescent corporation has total capital of 440 million. The ratio of debt to total capital is .35 and common stock is 40% of the total capital. Crescent corporation has outstanding preferred stock, which has paid 8% dividends consistently for the past five years. The interest on debt is 7% and the cost of common stock is 19.4%. Crescent corporation has a 38% tax rate.

What is the weighted average cost of capital for Crescent Corporation?

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Finance Basics: What is the weighted average cost of capital for crescent
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