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Working average cost of capital

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Reference no: EM131903481

Consider a company Financed with 0.6 equity, 0.0 preferred stock, and the remaining debt subject to a corporate tax rate of 0.3 if the required rate of return on the debt is 0.03, on the preferred stock is 0.10 on the common stock is 0.13, what is the working average cost of capital for this company?

Reference no: EM131903481

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