Source of capital-capital components-cost

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Reference no: EM131081479

What is the weighted average cost of capital of Loopie Loafer Shoe Corp. if the firm has provided the following information:

Source of Capital - Capital Components - Cost

Long Term Debt $60,000 5.6%

Common Stock $75,000 13.0%

Preferred Stock $15,000 10.6%

Reference no: EM131081479

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