Question: > A Moving to another question will save this response. Question 8 Texas Oil has the following capital structure. Its corporate tax rate is 40%

> A Moving to another question will save this response. Question 8 Texas Oil has the following capital structure. Its corporate tax rate is 40% Required Rate of Return Security Debt Preferred stock Common stock Market Value $ 40 million 5 million 80 million What is its WACC? Express your answer as a percentage rounded to 2 decimal places, eg, 5. > Moving to another question will save this response. Q Search or enter web

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