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turnbull co. is considering a project that requires an initial investment of $570,000. the firm will raise the $570,000 in capital by issuing $230,000 of debt at a before-tax cost of 8.7%, $20,000 of preferred stock at a cost of 9.9%, and $320,000 of equity at a cost of 13.2%. the firm faces a tax rate of 25%. what will be the wacc for this project? (note: round your intermediate calculations to three decimal places.) consider the case of kuhn co.
Sagot :
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