What is quigley wacc

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You were hired as a consultant to Quigley Company, whose capital structure is 35% debt, 10% preferred stocks, and 55% common stock equity. The before-tax cost of the debt is 6.50%, the yield on the preferred stocks is 6.00%, the cost of common stock equity is 13.25%, and the tax rate is 35%. What is Quigley's WACC?

Reference no: EM132951991

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