Based on our discussion in class, calculate the relevant financing proportions (wd, wp and we) that should be used in the cost of capital calculation. Balance sheet data Long-term debt $40 million Preferred stock $10 million Book value of common stock $80 million Other data Common stock Preferred stock Long-term debt 1.5 million shares outstanding; current price = $44 per share These securities are not traded and no market prices are available. The stock was issued at $100 per share paying an $8 annual dividend. However, management strongly suspects that the current dividend yield is 10 percent. Current price = $800 per $1,000 maturity value