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Business, 05.07.2019 00:20 joThompson

The following market information was gathered for the blender corporation. the firm has 1,000 bonds outstanding, each selling for $1,100.00 with a required rate of return of 8.00%. blenders has 5,000 shares of preferred stock outstanding, selling for $40.00 per share and 50,000 shares of common stock outstanding, selling for $18.00 per share. if the preferred stock has a required rate of return of 11.00% and the common stock requires a 14.00% return, and the firm has a corporate tax rate of 30%, then calculate the firm's wacc adjusted for taxes.

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