Question: Question 2 15 points A company's current capital structure has a 33.5% weight in equity, 14.5% in preferred stock, and the rest in debt. The
Question 2 15 points A company's current capital structure has a 33.5% weight in equity, 14.5% in preferred stock, and the rest in debt. The cost of equity capital is 16.02%, the cost of preferred stock is 11.15%, and the pre-tax cost of debt is 8.22% The tax rate is 40%. What is the weighted average cost of capital for this company? Show your work for full credit
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