What is the firm wacc

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Question - The sources of capital for a firm comprise debt with a market value of $10m, preferences shares with a market value of $3 million and ordinary shares with a market value of $12m. The firm's before-tax cost of debt is 6%, its cost of preference shares is 11% and its cost of ordinary shares is 14%. What is the firm's WACC?

Reference no: EM132964316

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