Question: QUESTION 10 10 points Save Answer Calculate the opportunity cost of capital (WACC) for a firm with the following capital structure: 50% in debt, 12%

QUESTION 10 10 points Save Answer Calculate the opportunity cost of

QUESTION 10 10 points Save Answer Calculate the opportunity cost of capital (WACC) for a firm with the following capital structure: 50% in debt, 12% in preferred stock, and the remaining fraction in equity. The firms has a cost of debt of 7.97%, a cost of preferred stock equal to 10.6% and a 13.03% cost of common stock. The firm has a 22% tax rate. You answer should be entered as a %, for example 15.48%

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