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 format4. (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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