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Canvas -X D Question 23 2 pts Bentecs Corporation has a target capital structure of 60% common stock, 5% preferred stock, and 35% debt. Its
Canvas -X D Question 23 2 pts Bentecs Corporation has a target capital structure of 60% common stock, 5% preferred stock, and 35% debt. Its cost of equity is 9%, the cost of preferred stock is 4%, and the pretax cost of debt is 5%. The relevant corporate tax rate is 21%. What is the company's WACC? 5.32% 6.90 9.34 8.12% D Question 24 2 pts A company has a weighted average cost of capital (WACC) of 9.5%. The company's cost of equity is 14%, and its pretax cost of debt is 6.8%. The tax rate is 23%. What is the company's debt-equity ratio? 1.06 0.56 2.45 Question 25 2 pts enovo 2 D 3 ** FC F7 F9 F10 # &
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