What is garcia wacc

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Reference no: EM133011400

Problem 1: Garcia Inc. with 10 million preferred stock, 60 million equity, and 30 million debt, and with 6.8% cost of preferred stock, 11% cost of equity, and 4.7% before-tax cost of debt with a tax rate of 40% tax rate, what is Garcia's WACC?

Reference no: EM133011400

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