The target capital structure of qm industries is 40 common

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The target capital structure of QM Industries is 40% common stock, 9% preferred stock, and 51% debt. if the costs of common equity for the firm is 18.9%, the costs of preferred stock is 9.8%, the before-tax costs is 7.4%, and the firm's tax rate is 35%, what is QM's weighted average costs of capital?

Reference no: EM13396313

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