Question: Builtrite's target capital structure is 55% common stock, 15% preferred stock and 30% debt if the coss of common is 16%, the cost of preferred

Builtrite's target capital structure is 55% common stock, 15% preferred stock and 30% debt if the coss of common is 16%, the cost of preferred stock is 12% and the before tax cost of debt is 7% (the tax rate is 34% ), what is Buitristis weighted average cost of capital? 1270% 11.424 12.25% 11.99%

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