Turnbull Co . is considering a project that requires an initial investment of $ 5 7 0
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Question:
Turnbull Co is considering a project that requires an initial investment of $ The firm will raise the $ in capital by issuing $ of debt at a beforetax cost of $ of preferred stock at a cost of and $ of equity at a cost of The firm faces a tax rate of What will be the WACC for this project?
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