Based in Winnipeg, Manitoba, De related services. DEI established long$-$term customers in Canada $$ Inc. $($DEI$)$ was founded to provide security systems, facilities controls and for quality and the business grew thanks to strong relationships with larg es$.$

The Research and Innovation Grou, velopment side of the company. They are considering a new contract that will strain resources for not only RIG, but company. With an upfront cost of $$12\mathrm{.}0$ million, managers understand that the cost of capital will be a key part of maintaining and improving Clearview's competitive edge. You have been asked to calculate the company's weighted average cost of capital $($WACC$),$ based on the following information. share. The latest preferred share price is $$23\mathrm{.}200$ per share. $6\mathrm{.}29$ percent.

The company will use its current capital structure to set target weights for debt, preferred shares and common shares. Flotation costs are $5\mathrm{.}00$ percent for preferred shares, $6\mathrm{.}00$ percent for common shares and $6\mathrm{.}00$ percent for debt. The company's tax rate is $35\mathrm{.}00$ percent. After$-$tax earnings for the year will be $$2\mathrm{.}00$ million and the company has a payout ratio of $40\mathrm{.}00$ percent.

se this information to answer the questions on the following requirements