Question: i want answer in 30 mins and correct answer thanks for your help You were hired as a consultant to ABC Company, whose target capital

i want answer in 30 mins and correct answer thanks for your help

i want answer in 30 mins and correct answer

You were hired as a consultant to ABC Company, whose target capital structure is 35% debt, 15% preferred, and 50% common equity. The before-tax cost of debt is 6.50%, the yield on the preferred is 6.00%, the cost of common stock is 11.25%, and the tax rate is 40%. What is the WACC? Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box

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