Question: Pharoah Co . has a capital structure, based on current market values, that consists of 3 0 percent debt, 5 percent preferred stock, and 6
Pharoah Co has a capital structure, based on current market values, that consists of percent debt, percent preferred stock, and percent common stock. If the returns required by investors are percent, percent, and percent for the debt, preferred stock, and common stock, respectively, what is Pharoah's aftertax WACC? Assume that the firm's marginal tax rate is percent. Do not round intermediate calculations. Round answer to decimal place, eg
After tax WACC
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