Cost of capital of jowers manufacturing


The target capital structure for Jowers Manufacturing is 52% common stock, 20% preferred stock, and 28% debt. If the cost of common equity for the firm is 19.5%, the cost of preferred stock is 12.3%,and the befroe tax cost of debt is 9.6%,what is Jower's cost of capital? The firm's tax rate is 34%.

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