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Weighted average cost of? capital

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(Weighted average cost of? capital) The target capital structure for QM Industries is 45% ordinary? shares, 9% preference? shares, and 46% debt. If the cost of ordinary equity for the firm is 19.4%, the cost of preference shares is 11.8%, the? before-tax cost of debt is 9.0%, and the? firm's tax rate is 30%,

QM's weighted average cost of capital is ____%. ?(Round to three decimal? places)

Reference no: EM131660502

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