What is qm weighted average cost of capital

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The target capital structure for QM Industries is 37% common stock, 8% preferred stock, and 54% debt. If the cost of common equity for the firm is 17.6%, the cost of preferred stock is 10.6%, the before-tax cost of debt is 7.7%, and the firm's tax rate is 34%, what is QM's weighted average cost of capital?

Reference no: EM132364577

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