Question: Question 26 (2 points) PFD Company has debt with a yield to maturity of 7%, a cost of preferred stock of 9%, and a cost

Question 26 (2 points) PFD Company has debt with a yield to maturity of 7%, a cost of preferred stock of 9%, and a cost of equity of 13%. The market values of its debt, preferred stock, and equity are $10 million, $2 million, and $16 million, respectively, and its tax rate is 40%. What is this firm's weighted-average cost of capital? 9.07 09.31 9.57 9.67 10.57 Aune 26 MacBook Air

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