What is after tax cost of debt

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Mullineaux Corporation has a target capital structure of 63 percent common stock, 8 percent preferred stock, and 29 percent debt. Its cost of equity is 13.3 percent, the cost of preferred stock is 6.3 percent, and the cost of debt is 8.0 percent. The relevant tax rate is 38 percent.

What is WACC? What is After Tax Cost of Debt?

 

Reference no: EM13288029

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