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Business, 20.12.2019 20:31 kami2006

You were hired as a consultant to fenerbahce sk company, whose target capital structure is 35% debt, 10% preferred, and 55% common equity. the interest rate on new debt is 6.50%, the yield on the preferred is 6.00%, the cost of retained earnings is 14.75%, and the tax rate is 40%. the firm will not be issuing any new stock. what is quigley's wacc?

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