Question: I don't understand what I'm doing wrong. I'll show my work. This formula has worked for similar problems. But not for this one for some

 I don't understand what I'm doing wrong. I'll show my work.

I don't understand what I'm doing wrong. I'll show my work. This formula has worked for similar problems. But not for this one for some reason...

This formula has worked for similar problems. But not for this one

Question 5 A company has the following capital structure: $10 million from bonds, $25 million from preferred stock, and $150 million from common stock. The cost of each source of funding is as follows: Bonds = 5.40%; Common = 6.75%; Preferred = 5.25%. Compute the company's WACC. O 5.47% 5.76% O 6.75% 0 out of 1 pts O 5.40% Calculation of WACC Bond Preferred stock Common Cost A 5.40% 5.25% 6.75% Total capita Capital B Weight 10 25 150 185 Total WACC 5.41% 13.51% 81.08% 100.00% Weighted Cost 0.29% 0.71% 5.47% 6.47%

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