Question: 5) Global Tech Corp has the following capital structure: a. Debt =35% b. Preferred Stock =15% c. Common Stock =50% d. After tax cost of

5) Global Tech Corp has the following capital structure: a. Debt

5) Global Tech Corp has the following capital structure: a. Debt =35% b. Preferred Stock =15% c. Common Stock =50% d. After tax cost of debt =6.5% e. Cost of preferred stock =10% f. Cost of common equity (in the form of retained earnings) =13.5% Calculate Global Tech's cost of capital

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