Weighted Average Cost of Capital Assignment | Homework For You
May 25th, 2020
Question 31 1 pts South Corp.s target capital structure is 50% debt, 10% preferred stock, and 40% common equity. If the before-tax costs of debt, preferred stock, and common equity are 10%, 11%, and 14%, respectively, and the marginal tax rate is 40%, the WACC is closest to: 10.3%. 9.7%. 9.3%. Get Finance homework help today

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