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10.6 calculation. However, if the firm will have to issue new common stock, the...

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image10.6

calculation. However, if the firm will have to issue new common stock, the cost of new common stock should be used in the firm's WACC calculation. % What is the firm's weighted average cost of capital (WACC2 ) if it has to issue new common stock? Do not round intermediate calculations. Round your answer to two decimal places. %

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