Question: Question 4 0/2.5 points Justice, Inc. has a capital structure which is based on 30 percent debt, 5 percent preferred stock, and 65 percent common

Question 4 0/2.5 points Justice, Inc. has a capital structure which is based on 30 percent debt, 5 percent preferred stock, and 65 percent common stock. The flotation costs are 11 percent for common stock, 10 percent for preferred stock, and 7 percent for debt . The corporate tax rate is 37 percent What is the weighted avirage flotation cost? 9.48% 10% 9.62% 8.97% 9.75%

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