A firm's estimated costs of debt,preferred stock,and comman stock are 12%,17%.and20%, respectively.Assuming equal funding from each source and a marginal tax rate of 40%,the weighted average cost of capital(WAAC)is closest to: —

单选题 编号：2692955

1. A firm's estimated costs of debt,preferred stock,and comman stock are 12%,17%.and20%, respectively.Assuming equal funding from each source and a marginal tax rate of 40%,the weighted average cost of capital(WAAC)is closest to: