215222 Problem 14-9 Calculating WACC (LO3) Targaryen Corporation has a target capital structure of 60 percent common stock 5 percent preferred stock and 35 percent debt its cost of equity is 13 percent the cost of preferred stock is 6 percent and the pretex cost of debt is 7 percent. The relevant tax rate is 25 percent .. What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e... 32.16.) b. What is the aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) 2 WACC Cost of b