Question: The Jamestown Co. has a capital structure which is based on 40 % debt, 15 % preferred stock, and 45 % common stock. The flotation

The Jamestown Co. has a capital structure which is based on 40 % debt, 15 % preferred stock, and 45 % common stock. The flotation costs are 8 % for common stock, 9 % for preferred stock, and 4 % for debt. What is the weighted average flotation cost?

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