Question: QUESTION 29 (5 points) Promo Pak has compiled the following financial data: Source of Capital Long-term debt Preferred stock Common stock equity Book Value $10,000,000
QUESTION 29 (5 points) Promo Pak has compiled the following financial data: Source of Capital Long-term debt Preferred stock Common stock equity Book Value $10,000,000 1,000,000 9,000,000 Market Value $8,500,000 1,500,000 15,000,000 Cost 60% 150 20.0 $20,000,000 $25,000,000 a Calculate the weighted average cost of capital using book value weights 6. Calculate the weighted average cost of capital using market value weights TTT Arial3 12) T E
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