Bob Ltd is subject to 30% income tax rate. Below is information about the capital structure of Bob Ltd

Source of funds	Market value	Required rate of return
Long-term debt	10,000	6%
Preferred stock	50,000	8%
Common stock	40,000	10%

Required

Calculate Bob Ltd weighted-average cost of capital (WACC)

Place your answer in the table provided here below

Sources of funds	Market value	Required rate of return	Weights of market value	Weighted-average cost of capital