10. Ace Electronics Shipping (NYSE: AES) has an optimal capital structure of 40% debt, 10% preferred...

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10. Ace Electronics Shipping (NYSE: AES) has an optimal capital structure of 40% debt, 10% preferred stock, and 50% common equity. The before-tax cost of debt, the cost of preferred stock, and the cost of common equity are 7.5%, 10%, and 14%, respectively. AES is in the 28 percent tax bracket. What is the WACC of AES? 10. Ace Electronics Shipping (NYSE: AES) has an optimal capital structure of 40% debt, 10% preferred stock, and 50% common equity. The before-tax cost of debt, the cost of preferred stock, and the cost of common equity are 7.5%, 10%, and 14%, respectively. AES is in the 28 percent tax bracket. What is the WACC of AES?