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The Tyler Oil Company's capital structure is as follows: The aftertax cost of debt is...

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Accounting

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The Tyler Oil Company's capital structure is as follows: The aftertax cost of debt is 6 percent, the cost of preferred stock is 9 percent; and the cost of common equity (in the form of retained earnings) is 12 percent. Calculate Tyler Oil Company's weighted average cost of capital in a manner similar to Table 11-1. (Round the final onswers to 2 decimal places.)

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