(Answered) Suppose that mnink industries capital structure features 64

Finance

Suppose that MNINK industries capital structure features 64 percent equity, 8 percent preferred stock, 28 percent debt, assume the before tax component costs of equity, preferred stock, and debt are 11.50 percent, 9.40 percent, and 8.00 percent respectfully. What is WACC if the average tax rate is 34 percent.?

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