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Claiborne Company Inances its assets with $4,000,000 of debt $1.440,000 of preferred stock and $5.760,000 of common stock. Besed upon the Information provided below, what

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Claiborne Company Inances its assets with $4,000,000 of debt $1.440,000 of preferred stock and $5.760,000 of common stock. Besed upon the Information provided below, what is the company's weighted average cost of capital? Gintborne Company Yield to Maturity of Bands 854 Dividend or Preferred STOCK $9.46 Dividend et time 0 Dol $5.12 Constant Growth Rate of Common Stock (9) 6% Preferred Stock Price $103.59 Common Stock Price $63.58 Tax Rate 21%

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