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Complete the following table by calculating the weighted average cost of capital after %% tax. The firm can issue debt to the market at the

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Complete the following table by calculating the weighted average cost of capital after %% tax. The firm can issue debt to the market at the current rate of 10 % pa. The tax rate is 30 %. Funds Cost after Tax % Value in $M Weight % Weighted Cost % Equity 15% 30 [a] [d] Debt [x] 15 [b] [e] Preference 9% 5 [c] [f] Total [g] Enter your answers as percentages including the % sign (eg 10%, 3.2%, .9% with no leading zeros, not 0.9%, 15% should be entered as 15% not 15.0%). Specified Answer V60%

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