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Calculate the Weighted Average Cost of Capital WACC Capital CostProportion Long Term Liabilities $1,989,032 5.77% Preferred Stock $229,856 7.09% Common Stock $9,198,832 10.02% Retained Earnings

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Calculate the Weighted Average Cost of Capital WACC Capital CostProportion Long Term Liabilities $1,989,032 5.77% Preferred Stock $229,856 7.09% Common Stock $9,198,832 10.02% Retained Earnings ### 22.36% Which is greater, the unweighted cost of capital or the weighted cost By how much? Explain why there is a difference

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