Question: TextBox 4 Formatting as Tale Styles M 10 15 points 0 Debt PS Equity 450 50 500 1000 Shi Importers balance sheet shows levels Shi's
TextBox 4 Formatting as Tale Styles M 10 15 points 0 Debt PS Equity 450 50 500 1000 Shi Importers balance sheet shows levels Shi's levels of debt, preferred stock, and equity to the right. Shi's tax rate, cost of debt, ro, cost of preferred stock, trs, and cost of equity, rs, are listed to the right. a. Calculate the actual weights of debt, preferred stock, and equity in Shi's capital structure. 15 points) b. Calculate the after-tax cost of debt. (5 points) C. Calculate the WACC using Shi's actual weights of debt, preferred stock and equity. (5 points) Please show work and answer questions completely to receive full credit. T to 35% OX 5 14 es ale tako b wd ws we 3 SC
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