Question: Moving to another question will save this response. Question 33 of 40 Question 33 2 points Save Anime Emeka Industries can borrow funds at a

 Moving to another question will save this response. Question 33 of

Moving to another question will save this response. Question 33 of 40 Question 33 2 points Save Anime Emeka Industries can borrow funds at a 7 percent interest rate. Its preferred stock sells for share and pays dividend 45/hare. The company has a beta of 1.9 free investments currently pay 4 percent. The company taxes at 40 percent rate. The required rate of return for an average stock is percent Emek's Target Capital structure consists of 10 percent preferred stock, 6 percent debt, and What is the Emeka's WACC) a. 3.52% 6.4.19% 9.5% d. 7.57% Ce 9.29% Moving to another question will save this response Question 33 of 408

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