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Consider the following information for Romero Mining Corporation (RMC): The company has 8 million shares of common stock outstanding. The common stock currently sets for

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Consider the following information for Romero Mining Corporation (RMC): The company has 8 million shares of common stock outstanding. The common stock currently sets for 532 Der share and has a bets of 115. RMC paid a dividend its first 2 years ago of 75 cents per share on its common stock after a particularly good financial year. It has not paid a dividend since There are so thousand shares of preferred stock outstanding with a 56 stated dividend rate and the preferred stock currently sells for 557 per share. RMC has 100.000,9, semi-annual coupon bonds outstanding with a face value of $1.000 each. The bonds have 15 years to maturity and set for 91 percent of par The market nisk premium a 10 percent Treasury Bes are currently yw ding Sporcent and RMC's tax rates 35 Dercent Required: What is RMC Weghted Average Cost of Capit

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