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Posted: April 1st, 2020

ll bean has debt with a market value of 2500000 preferred stock with a market value

ll bean has debt with a market value of 2500000 preferred stock with a market value of 2,500,000 preferred stock with a market vale of $600,000 and common stock with a market value of $5,000,000. if debt has a before-tax cost of 7%, preferred stock at a cost of 8%, common stock at a cost of 10%, and the firm has a tax rate of 35% what is the WACC?a 12.57%b 9.48%c 7.33%d 8.17%

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