The target captial structure for qm industries is 43

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The target captial structure for QM industries is 43% common stock, 13% preferred stock, and 44% debt. If the cost of the common equity for the firm is 18.6%, the cost of preferred stock is 10.4%, the before-tax cost of debt is 7.8%, and the firms tax rate is 35%, what is QM's weighted average cost of capital?

Reference no: EM13395101

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