What is weighted average after tax cost of long term debt

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A company has a capital structure of $5million common stock with a cost of 17%, $2 million bonds at 4%, 1 million of short term debt with a cost of 7%, and 2 million preferred stock with a cost of 3%, what is the weighted average after tax cost of long term debt? The company has a 35% tax rate.

Reference no: EM131707137

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