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3 Shear Realty has the following mix of financing available: Cost of Amount of Capital Capital Debt 3% $64,500 34:45 Preferred stock 5% $74,500 Common
3 Shear Realty has the following mix of financing available: Cost of Amount of Capital Capital Debt 3% $64,500 34:45 Preferred stock 5% $74,500 Common stock 6% $85,450 Retained earnings 9% $90,000 What is Shear's current weighted average cost of capital? Multiple Choice. O 12.5% 5.75% 6.0% 5.9%
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