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Calculate Average Cost of Capital, given: Capital Structure consists of 45% Debt, 45% Preferred Stock, and 10% Equity; DEBT is 25%; Preferred Stock: Sales Price

Calculate Average Cost of Capital, given: Capital Structure consists of 45% Debt, 45% Preferred Stock, and 10% Equity; DEBT is 25%; Preferred Stock: Sales Price (par value) is $200 and Dividend is $50; Common Stock: Sales Price is $90 and Dividend is $20; Expected Growth Rate is 12%; and the Effective Tax Rate is 26%

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