Question: Moving to another question will save this response. * Question 31 of 51 > Question 31 6 points Save Answ Emcka Industries can borrow funds

Moving to another question will save this response. * Question 31 of 51 > Question 31 6 points Save Answ Emcka Industries can borrow funds at a 12 percent interest me. Its preferred stock sells for ROS/share and paysan dividend of 45/share. The company has a beta of 1.3, risk-free investments currently pay 2 percent. The company pays taxes at a 30 percent rate. The required rate of return for an average stock is 8 percent. Emeka's Target Capital structure consists of 15 percent preferred stock, 40 percent debt, and.... What is the meka's WACC? a. 11.16% b. 4.95% 9.36% d. 12.4% Ce 10.53%

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