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Calculate WACC given the following information. Total Value of Common Stocks (CS) $800,000 Cost of Equity (common stocks) 0.17 Total Value of Preferred Stocks (PS)

Calculate WACC given the following information.

Total Value of Common Stocks (CS)$800,000Cost of Equity (common stocks)0.17
Total Value of Preferred Stocks (PS)$200,000Cost of Preferred stock0.13
Total Value of Debt (D)$300,000Pre-tax Cost of Debt0.08
Tax rate (t)0.3

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