Question: A Moving to another question will save this response Question 18 of 21 > >> Question 18 3 points Save Answer You were hired as

 A Moving to another question will save this response Question 18

A Moving to another question will save this response Question 18 of 21 > >> Question 18 3 points Save Answer You were hired as a consultant for a company whose target capital structure is 32% debt, 10% preferred, and 58% common equity. The before tax cost of debt is 10.00%, the cost of preferred is 12.00%, and the cost of retained earnings is 35.00%. The tax rate is 25%. The firm will not be issuing any new stock. What is its WACC

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