Preferred stock with a required return

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What is the WACC for a firm using 55% equity with a required return of 15%, 35% debt with a required return of 8%, 10% preferred stock with a required return of 10%, and a tax rate of 35%? a. 10.72% b. 11.07% c. 11.70% d. 12.05% e. None of the above

Reference no: EM131354541

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