Question: Source Weight Cost Common Equity 60% 14% Preferred Equity 10% 11% Debt 30% 8% pre-tax (tax rate = 40%) What is Melissa Fencing Corp.s Weighted

Source Weight Cost Common Equity 60% 14% Preferred Equity 10% 11% Debt 30% 8% pre-tax (tax rate = 40%) What is Melissa Fencing Corp.s Weighted Average Cost of Capital (WACC?)

A. 10.94%

B. 11.74%

C. 11.90%

D.12.70%

e.15.50%

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