WACC problem ...

P-4. Assuming a target capital structureof 40% debt 20% preferred stock 40% common equity What would be the WACC given the following all debt will be from the sale of bonds with a coupon of 10% (assume no flotation costs), preferred stock's associated cost will be 13%, and common equity will be from retained earnings with an associated cost of 15%. The tax rate for this corporation isp 30%. T T T? Paragraph : Arial 3 (12pt) : . T. /