What is qms weighted average cost of capital

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Question 1: The target capital structure for QM industries is 40% common stock, 10% preferred stock, and 50% debt. If the cost of common equity for the firm is 18%, the cost of preferred stock is 10%, the before-tax cost of debt is 8%, and the firm's tax rate is 35%, what is QM's weighted average cost of capital?

Reference no: EM132499531

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