Define what is jowers cost of capital

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The Target Capital structure for Jowers Manufacting is 50% common stock, 11% preferred stock, and 39% debt. If the cost of common equity for the firm is 20.5% , the cost of preferred stock is 11.8% and the before tax cost of debt is 10.1% what is Jowers cost of capital? The firm's tax rate is 34%.

Reference no: EM13276187

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