Clark Explorers, Inc., an engineering firm, has the following capital structure: Equity Preferred Stock Debt Market...

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Clark Explorers, Inc., an engineering firm, has the following capital structure: Equity Preferred Stock Debt Market price $30.00 $110.00 $955.00 Outstanding units 120,000 10,000 6,000 Book value $3,000,000 $1,000,000 $6,000,000 Cost of capital 15% 12% 9% Using book value weights, find the adjusted WACC for Clark Explorers with a 15% tax rate. 9.85% 10.29% 10.21% 11.18% 10.54% Clark Explorers, Inc., an engineering firm, has the following capital structure: Equity Preferred Stock Debt Market price $30.00 $110.00 $955.00 Outstanding units 120,000 10,000 6,000 Book value $3,000,000 $1,000,000 $6,000,000 Cost of capital 15% 12% 9% Using book value weights, find the adjusted WACC for Clark Explorers with a 15% tax rate. 9.85% 10.29% 10.21% 11.18% 10.54%