The quigley company has a target capital structure of 35, Ask an Expert

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The Quigley Company has a target capital structure of 35% debt, 10% preferred, and 55% common equity. The interest rate on new debt is 6.50%, the yield on preferred is 6.00%, and the cost of common equity from retained earnings is 11.25%. The firm’s tax rate is 40%. The firm will not be issuing any new common stock. What is Quigley’s WACC?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92696614

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