What is jowers cost of capital

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The target structure capital for Jowers Manufacturing is 52% common stock, 19% preferred stock and 29% debt. If the cost of common equity for the firm is 19.9% the cost of the preferred stock is 12.4%, and the beforetax cost is 10.4%, what is Jowers cost of capital? The firm's tax rate is 34%.

Reference no: EM13257991

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