(8) Weight-Average Cost of Capital Estimating WACC FMC Corporation has 2,500,000 shares of stock outstanding with price =$12 per share There are 8,000 bond outstanding with price =$1,125 per share Cost of Equity =13%; Cost of Debt =8% Corporate tax rate =34% What is WACC ? % (8) Weight-Average Cost of Capital Estimating WACC FMC Corporation has 2,500,000 shares of stock outstanding with price =$12 per share There are 8,000 bond outstanding with price =$1,125 per share Cost of Equity =13%; Cost of Debt =8% Corporate tax rate =34% What is WACC ? %