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Global Company's capital structure is the following- Debt.35% Preferred Stock.15% Common equity.50% The aftertax cost of debt is 6.
Global Company's capital structure is the following-
Debt..............................35%
Preferred Stock......15%
Common equity........50%
The aftertax cost of debt is 6.5%; the cost of preferred stock is 10%, and the cost of common equity (in the form of retained earnings) is 13.5 percent. Calculate Global Technology's weighted average cost of capital?