Atsempts Keep the Highest /2 6. The Cost of Capital: Welghted Average Cost of Capital The firn's target capis structure is the mix of debt, preferred stock, and commen equity the firm plans to ratse funis for its future projecta, The target proportions af dett, preferred stock, and cornmon equity, slong with the cost of these components, are ised to calculate the firm's wisytifed arrage crist However, if the firm will have to issue new corrmon stock, the cost of new common stock should be used in the firm's WavC calculson. weghted average cost of capital (WACC) if it uses retained eamings as its source of common equiry Do not round intermediafe calcaiticiors. Round Your answer to two decinal places. What is the farris weighted average cost be captai (WACC) if is has to issue new common stock? Da not round inferinediste calcilatons. Aound your answer to two decimai pilaces