2. Mercer Sheetmetal Inc.'s capital structure is briefly described below. Compute the company's weighted average cost of capital ("WACC"). The company's marginal income tax rate is 35%. apital Bonds Percent of Capital Structure Pre-Tax Cost 7.75% 35% Preferred Stock 15 % 9.50% 50% Common Stock 23.00% ) 19.70% ) 17.08 % C) 14.69% D) 12.59%