Calculate the weighted average

cost:

• Percent of capital structure:10%
• Common equity: 60%
• Debt: 30%
• Corporate tax rate: 34%
• Dividend, preferred: $9.00
• Dividend, expected common: $3.50
• Price, preferred: $102.00
• Growth rate: 6%
• Bond yield: 10%
• Flotation cost, preferred: $3.20
• Price, common: $70.00

Please show work.

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"