UJIJU 12.02PM ut Homework: Chapter 14 Homework Save han Score: 0 of 1 pt 1 of 6 (0 complete) HW Score: 0%, 0 of 11 pts P14-22 (similar to) Question Help (Related to Checkpoint 14.1) (Weighted average cost of capital) The target capital structure for QM Industries is 45 percent common stock, 7 percent preferred stock, and 48 percent debt. If the cost of common equity for the firm is 18.1 percent, the cost of preferred stock is 10.9 percent, the before-tax cost of debt is 7.4 percent, and the firm's tax rate is 35 percent, what is QM's weighted average cost of capital? QM's weighted average cost of capital is % (Round to three decimal places) -k Test ? Enter your answer in the answer box and then click Check Answer All parts showing Clear all