Question: Please show work and formulas in excel format 4. (10 points) Promo Pak has compiled the following financial data: Source of Capital Book Value Market

 Please show work and formulas in excel format 4. (10 points)Please show work and formulas in excel format

4. (10 points) Promo Pak has compiled the following financial data: Source of Capital Book Value Market Value Cost Long-term debt Preferred stock Common stock equity $10,000,000 1.000.000 9,000,000 $8,500,000 1,500,000 15,000,000 5.0% 14.0 20.0 $20,000,000 $25,000.000 a. Calculate the weighted average cost of capital using book value weights. b. Calculate the weighted average cost of capital using market value weights

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