Page 1 of 1
Oxy Corporation uses debt, preferred stock, and common stock to raise capital. The firm's capital structure targets the
Posted: Sun Apr 17, 2022 6:27 pm
by answerhappygod
- Oxy Corporation Uses Debt Preferred Stock And Common Stock To Raise Capital The Firm S Capital Structure Targets The 1 (11.36 KiB) Viewed 21 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)?