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Business, 20.12.2019 03:31 savannahvargas512

Bleakly enterprises has a capital structure of 45 percent common stock, 5 percent preferred stock, and 50 percent debt. the flotation costs are 4.5 percent for debt, 7 percent for preferred stock, and 9.5 percent for common stock. the corporate tax rate is 34 percent. what is the weighted average flotation cost? 5.83 percent6.20 percent6.42 percent6.67 percent6.88 percent

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