Find the WACC for Cream and Crimson Foods

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Reference no: EM131070802

Cream and Crimson Foods has a target capital structure of calling for 40.00 percent debt, 5.00 percent preferred stock, and 55.00 percent common equity (retained earnings plus common stock). Its before-tax cost of debt is 10.00 percent. The tax rate is 40.00%. Its cost of preferred stock is 11.18%. Its cost of common equity is 14.93%.

Find the WACC for Cream and Crimson Foods?

Reference no: EM131070802

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