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The Blaz Company’s capital structure is as follows: Debt…………. …………. 35% Preferred stock

The Blaz Company’s capital structure is as follows: Debt…………. …………. 35% Preferred stock ………… 15 Common equity………… 50 The aftertax cost of debt is 7 percent; the cost of preferred stock is 10 percent; and the cost of common equity is 13 percent. Calculate the company’s WACC.

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