1. The basic WACC equation The calculation of WACC Involves calculating the welghted average of the required rates of return on debt, preferred stock, and common equity, where the welghts equal the percentage of each type of financing in the firm's overall capital structure is the symbol that represents the cost of raising capital by issuing new stock in the weighted average cost of capital (WACC) equation Mitchell Co. has $1.4 million of debt, $1.5 million of preferred stock, and $1.2 million of common equity. What would be les welght on common equity? O 0.41 0.34 0.30 O 0.29 Grade it Now Save & Continue Continue without saving