Lee's management intends to continue raising 40% of its funds from debt, 10% from preferred equity, and the remainder from common equity.Given this information, and your calculations above, estimate Lee's weighted average cost of capital (WACC)

cost of debt: 5.96%

post-tax cost: 4.47%

cost of equity: 9%

cost of common equity: 9.11%

cost of preferred equity: 8.33%

Answer rating: 100% (QA)

To estimate Lees weighted average cost of capital WACC we need to calcu... View the full answer