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Chapter 14

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MyFinanceLab Solutions

Titman/Keown/Martin Financial Management 11e

Chapter 14
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MyFinanceLab Solutions

Titman/Keown/Martin Financial Management 11e

Chapter 14
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Titman/Keown/Martin Financial Management 11e

Chapter 14
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Chapter 14
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Capital structure weights


Before-tax cost of financing
20

10

18.0%

Debt 50%
Preferred stock 10%
Common stock 40%

10.0%
8.0%

0
Debt
Preferred stock
Common stock

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Capital structure weights


Before-tax cost of financing
20.0%

20

10

Debt 45%
Common stock 55%

8.0%

0
Debt
Common stock

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Capital structure weights


Before-tax cost of financing
20.0%

20

Debt 35%
Preferred stock 15%
Common stock 50%

12.0%
10

10.0%

0
Debt
Preferred stock
Common stock

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