Calculate company weighted average cost of debt

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Calculate Company A’s weighted average cost of debt, given the following information: (a) Tax Rate: 15%, (b) Average Price of Outstanding Bonds: $985.00, (c) Coupon Rate: 4%, (d) NPER: 12, (e) Debt: $25,000,000, (f) Equity: $22,000,000, and (g) Preferred Stock: $3,000,000.

Reference no: EM13875886

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