What is the firm weighted average cost of capital

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Question - Manning Inc has the following capital components and costs.

Component Debt Value 15,733

After-Tax Cost 9%

Component Preferred Stock Value 7,684

After-Tax Cost 8 %

Component Common Equity Value 11,590

After-Tax Cost 13 %

Required - What is the firm's weighted average cost of capital?

Reference no: EM132963614

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