E Homework: MFL Week-6 HW B (Ch 12) Question 3, Instructor-created question HW Score: 33.33%, 2 of 6 points O Points: 0 of 1 Save Tyler Rose Co. [TRC] has the following capital-structure characteristics. Your objective here is to calculate weighted-average cost of capital [WACC] for TRC. You must also calculate interim variables along the way to your ultimate calculation of WACC. TRC has 87,500 shares of preferred stock outstanding; these shares trade at $20.00 per share. TRC has 2,800 bonds outstanding; each bond is priced at $1250.00 per bond. TRC has 59,375 shares of common stock outstanding; each share trades at $80.00 per share. The yield to maturity on the bonds is 8.00%. The preferred stock's perpetual dividend per share is $2.00. The common stock's beta is 1.6, the risk-free rate is 3.00%, and the market risk premium [Rm minus Rf] is 9.00%. The firm's tax rate is 25.00% TRC's after-tax cost of debt is %. [Round your answer to two decimals.] TRC's cost of preferred stock is %. [Round your answer to two decimals.] TRC's cost of common stock is %. [Round your answer to two decimals.] TRC's weighted-average cost of capital is %. [Round your answer to four (yes, four) decimals.] Question Viewer Clear all Check