Oxy Corporation uses debt, preferred stock, and common stock to raise capital. The firm's capital structure targets the

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Oxy Corporation Uses Debt Preferred Stock And Common Stock To Raise Capital The Firm S Capital Structure Targets The 1 (11.36 KiB) Viewed 19 times

Oxy Corporation uses debt, preferred stock, and common stock to raise capital. The firm's capital structure targets the following proportions: debt, 54%, preferred stock, 17%, and common stock, 29%. If the cost of debt is 6.2%, preferred stock costs 8.1%, and common stock costs 10.8%, what is Oxy's weighted average cost of capital (WACC)?