Business
Business, 04.12.2019 02:31, tbixler2021

Mullineaux corporation has a target capital structure of 60 percent common stock, 15 percent preferred stock, and 25 percent debt. its cost of equity is 10 percent, the cost of preferred stock is 4 percent, and the pretax cost of debt is 6 percent. the relevant tax rate is 35 percent. what is the company’s wacc?

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