Company XYZ, has the following capital structure: Debt $50M Common $30M Preferred of $20M Price of 5-year, par value 6% annual coupon Bonds that sell today for $1,050. Preferred dividend in year 1 of $5 and a preferred stock price of $90. mi Common stock has a required return of 12% Tax rate is 40% Solve for the Company WACC? Previous