A firm's capital is composed of the following sources and proportions: Source of Capital Weights...
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Finance
A firm's capital is composed of the following sources and proportions: Source of Capital Weights Cost Long-term Debt 25% 6.0% Preferred Stock 35% 7.0% Common Stock 40% 8.0% The weighted average cost of capital is:
A. 7.15% B. 6.85% C. 5.25% D. 7.00%
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