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Business, 26.06.2019 21:30 hddjdudusu
Suppose that mnink industries’ capital structure features 63 percent equity, 7 percent preferred stock, and 30 percent debt. assume the before-tax component costs of equity, preferred stock, and debt are 11.60 percent, 9.50 percent, and 9 percent, respectively. what is mnink’s wacc if the firm faces an average tax rate of 34 percent?
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