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Calculate the firm's WACC (weighted average cost of capital) assuming that internally generated equity will satisfy next year's common equity needs. In your solution, in

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Calculate the firm's WACC (weighted average cost of capital) assuming that internally generated equity will satisfy next year's common equity needs. In your solution, in addition to the calculation for WACC, please also show your supporting calculations for the following (16 points) capital component weights . cost of debt . cost of preferred stock cost of common equity You must type in both the answer and all of your work to receive credit. Be sure to use 4 decimal places (25.25% or 0.2525) Current assets Property, plant & equipment 3 3,100 3,000 6,100 growth rate coupon on new bonds corporate tax rate dividend on preferred price of common price of $100 par value preferred anticipated common dividend flotation costs on preferred flotation costs on common 25 00% 800% $24.00 $75.00 $1.56 $4.00 $2.50 Total assets Current liabilities Long-term debt Preferred stock, $100 par Common stock, no par Retained earnings Total liabilities and equity 6,100 1,100 1,750 500 1,250 1,500

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