Business
Business, 17.12.2021 04:20, namekianball4

Electronics Galore has a target capital structure of 41 percent common stock, 4 percent preferred stock, and 55 percent debt. Its cost of equity is 16 percent, the cost of preferred stock is 6.5 percent, and the pre-tax cost of debt is 8.9 percent. What is the firm's WACC given a tax rate of 35 percent

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