The market value of debt is $325 million,the market value of preferred stock is $185 million, and

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The market value of debt is $325 million,the market value of preferred stock is $185 million, and the total market value of the firm is $925 million.The cost of equity is 17%, the pretax cost of debt is 10%, the cost of preferred stock is 4.5%, and the tax rate is 35%.What is the WACC?

Posted Date: May 18, 2024 09:16 PM

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The market value of debt is $325 million,the market value of preferred stock is $185 million, and

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