Bartlett Company's target capital structure is 35% debt, 20% preferred stock, and 45% common equity. The after-tax cost of debt is 6.00%, the cost of preferred is 8.00%, and the cost of common using retained earnings is 12.00%. The firm will not be issuing any new stock. You were hired as a consultant to help determine their cost of capital. What is its WACC?   Group of answer choices   9.65% 9.01% 8.74% 8.55% 9.10%

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Q: Do not use ai please don't

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Q: Give true answer

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Q: Need answer please

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