Assume the following percentage capital structure is considered optimal for this firm. Debt .30 Preferred stock .10

Question:

Assume the following percentage is considered optimal for this firm.
Debt .30
Preferred stock .10
Common equity .60
The firm has estimated the after tax cost of each source of funds. Debt costs .06, preferred stock .10, retained earnings .18 and .22. The firm is operating under conditions of and therefore will not sell new stock to the public. What is the weighted for this firm?
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