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What is metals corp weighted average cost of capital

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Metals Corp. has $2 000 000 of debt, $500 000 of preferred stock, and $2 500,000 of common equity. Metals Corp.'s after-tax cost of debt is 5.25%, preferred stock has a cost of 6.35%, and newly issued common stock has a cost of 14.05%. What is Metals Corp.'s weighted average cost of capital?

Reference no: EM133207312

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