You have collected the following information about a company: Source of capital Market value Long-term debt...

 

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You have collected the following information about a company: Source of capital Market value Long-term debt $140,000 Preferred stock $50,000 Common stock $400,000 Total $590,000 Before-tax cost 8% 11% 18% The company's total (federal plus state) marginal tax rate is 33%. Part 1 What is the weighted average cost of capital? 3+ decimals Attempt 1/5 fo You have collected the following information about a company: Source of capital Market value Long-term debt $140,000 Preferred stock $50,000 Common stock $400,000 Total $590,000 Before-tax cost 8% 11% 18% The company's total (federal plus state) marginal tax rate is 33%. Part 1 What is the weighted average cost of capital? 3+ decimals Attempt 1/5 fo