3 In its 2017 10-k Tesla reported the following information about its capital structure. The firm had long term public debt outstanding of 2.5 billion dollars and short term debt of 136.75 million dollars. It's average cost of debt was 12.65%. The firm had 85 million public shares outstanding and each share was currently trading for $240.30. It's cost of equity was 21.89%. The firm also had 10 million preferred share outstanding, and each preferred share was currently trading for 112.50. The preferred dividend was 7.5%. The firms current marginal tax rate was 35%. what is it's weighted average cost of capital (WA WACC Equity value Debt Value Preferred Value Equity value, $million Debt Value, $ million Equity value, $million Weighted average cost of capital After-ta Contribution t of to weighted Market value, million of total Cost of Marginal tax rate, % Source of capital Debt Equity average, Enterprise value Wacc