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Capital Structure Information for University Brewhouse Debt ( in million)$25Preferred Stock (in million)$ 5Common Stock (in million)$45Total Capital$75 Cost of debt8%Annual Preferred Stock Dividend$ 2.50Preferred

Capital Structure Information for University Brewhouse

Debt ( in million)$25Preferred Stock (in million)$ 5Common Stock (in million)$45Total Capital$75

Cost of debt8%Annual Preferred Stock Dividend$ 2.50Preferred Stock Market Price$16.13Common Stock Beta0.85Risk free rate3.75%Expected return on market portfolio17.55%

7. Assuming no corporate taxes, what is University Brewhouses WACC?

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