6- Google currently has a 5 million common shares outstanding, and a 1 million preferred shares outstanding, and 100,000 bonds outstanding. Use your answers in #3, #4, and #5 to calculate Google Weighted Average Cost of Capital (WACC) if the corporate tax rate is 35%. #3. What is the ave cost of equity of google? 14.25% # 4. What is cost of google's preferred stocks ? 6%. # 5. What is pretax cost of debt of google ? 6.85% WACC = (percentage of firm value financed by equity * cost of equity) stocks) + (percentage of firm value financed by preferred stocks * cost of preferred + (percentage of firm value financed by debt * after tax cost of debt)