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Business, 06.05.2020 01:39 valerrry

15pointseBook Hint AskPrintReferences Check my work Check My Work button is now enabledItem 7Item 7 15 pointsTargaryen Corporation has a target capital structure of 70 percent common stock, 5 percent preferred stock, and 25 percent debt. Its cost of equity is 10 percent, the cost of preferred stock is 5 percent, and the pretax cost of debt is 6 percent. The relevant tax rate is 23 percent. a. What is the company's WACC

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