cost of debt = 47.05% cost of capital = 10.48% market value of equity = 5% (?) market value of debt = 4.1% (?) v = E + D = total market value = $ 91,100,000 (?) E / V =% equity financing =? D / V =% debt financing =? tc = corporation tax rate = 35% (tax rate)

Sources of capital	capital
Debt (corporate bonds)	$ 4,100,000 / $ 100,000,000	0.041 (4.1%)
Preferred shares	$ 2,200,000 / $ 100,000,000	0.022 (2.2%)
Common shares	$ 2,800,000 / $ 100,000,000	0.028 (2.8%)
	$ 9,100,000	91%

Calculate the WACC