Business, 02.04.2020 01:49, Incrouyable
Shi Importers' balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Shi's tax rate is 40%, rd = 7%, rps = 5.8%, and rs = 14%. If Shi has a target capital structure of 30% debt, 5% preferred stock, and 65% common stock, what is its WACC? Round your answer to two decimal places
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Shi Importers' balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 mi...
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