What is the weighted average cost of capital wacc

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Mullineqax Corp has a target captial structure of 50% common stocke, 20% preferred stock, and remaining in debt. The cost of equity is 10%, the cost of preffered stock is 5%, and the pretax cost of debt is 6%. The relevant tax rate is 40%. What is the weighted average cost of capital WACC.

Reference no: EM132032538

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