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9. Your colleague started to calculate the weighted average cost of capital for your company, but became ill and had to go home. The

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9. Your colleague started to calculate the weighted average cost of capital for your company, but became ill and had to go home. The Vice President of Finance gives you the following information, developed by your colleague, and asks you to complete the calculation of your company's weighted average cost of capital. Item Debt Preferred Common A) 10.13% B. 11.67% Market Values $21,000,000 6,000,000 38,000,000 After-Tax Cost 9.00% 7.00 16.00 Your company's weighted average cost of capital is: Weight WAC .6846 C. 12.91% D. 13.51% E. 14.29%

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