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Business, 14.06.2020 10:57 nena4200

A company has determined the following rates for its permanent financing (cost of capital): Long-Term Debt 6.55%
Preferred Stock Equity 10.68%
Common Stock Equity 14.52%

The company has a target capital structure of 45% LT debt, 30% preferred stock, and 25% common stock. Using these weights, determine the Weighted Average Cost of Capital (WACC) for the company.

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