Question

The Aztec Corporation has the following market capital components and costs. Calculate Aztec's WACC. Component Value...

The Aztec Corporation has the following market capital components and costs. Calculate Aztec's WACC.

Component Value Cost

Debt $ 23,625 12.0%

Preferred Stock $ 4,350 13.5%

Common Equity $ 52,275 19.2%


Aztec has a 35% marginal tax rate.

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