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Morningstar Ltd. has determined its optimal capital structure, which comprises t...
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Morningstar Ltd. has determined its optimal capital structure, which comprises the following:
| FORM OF CAPITAL | WEIGHT | AFTER-TAX COST |
| Long-term debt | 60% | 4% |
| Preference shares | 20% | 13% |
| Ordinary shares | 20% | 10% |
The weighted average cost of capital is ...
100%
0%
0%
0%