Using the balance sheet provided for Universal Exports, determine the weighted average cost of capital. The firm's tax rate is 40%, the preferred stock pays a dividend of $0.45 pershare, the beta of the stock is 1.70, the market risk premium is 8%, and the risk-free rate is 5% Assume that the book value capital structure weights are the company's optimal weights. Universal Exports Balance Sheet (s millions) Assets Liabilities & Owner's Equity Cash and Short-term securities 2 Bonds (8% annual coupon 10 10-year maturity, 9% YTM) Accounts receivable 3 Preferred stock (market price = $3) 3 Inventories N Common stock 20 Plant and equipment 21 Total 33 Total 33 Enter answers as percentages. Round all answers to two decimal places a. What is the proportion of debt in the firm's capital structure? % b. What is the proportion of preferred stock in the firm's capital structure? c. What is the proportion of common guity in the firmi Enter answers as percentages. Round all answers to two decimal places. a. What is the proportion of debt in the firm's capital structure? % b. What is the proportion of preferred stock in the firm's capital structure? C. What is the proportion of common equity in the firm's capital structure? d. What is the after-tax cost of debt for Universal Exports ? % e. What is the cost of preferred stock for Universal Exports? % f. What is the cost of common equity for Universal Exports? Note that the problem gives us the amount of the market risk premium, which is equal to (kun-ko): % g. What is the WACC for Universal Exports?% 1. Full Screen Accessibility Denver Ski Lodge has outstanding debt currently selling for $890. It matures in 5 years, pays Interest semi-annually, and has an 8% coupon payment. If paris $1,000 and the tax rate is 40%, what is the after-tax cost of debt? After-tax cost of debt - % (Round your answer to two decimal places.)