Question: Question 11 4 points Save Answer Hart Inc. has a target capital structure of 30% debt, 20% preferred, and 50% common equity. The interest rate

Question 11 4 points Save Answer Hart Inc. has a target capital structure of 30% debt, 20% preferred, and 50% common equity. The interest rate on new debt is 6.50% the yield on the preferred is 6.00%, the cost of retained earnings is 8.8%, and the tax rate is 40%. Calculate the weighted average cost of capital for Hart Inc. 6.81% 6.62% -6.77% 6.99% 6.60% Moving to another question will save this response. Question 11 of 26 Sr, Close Window 8.8 2 3 4 5 6 tab ps lock

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