Bookl - Excel Search ButoSave CH 2 Data Review View ile Formulas Help Home Insert Page Layout 85 X fx C. after tax cost of debt is more relevant as interest payments are taxa E B A G 7 -8 29 00 01 Baron Corporation has a target capital structure of 75 percent common stock, 5 percent preferred 102 stock, and 20 percent debt. Its cost of equity is 11.3 percent, the cost of preferred stock is 4.9 103 percent, and the pretax cost of debt is 5.8 percent. The relevant tax rate is 23 percent. A. what is the company's WACC? 104