D/P EXTM CC = (E/V) RE + (P/V) x Rp + (D/V) Rp (1-T) Question 30 3.33 pts Wells Fargo Securities (WFC) maintains a capital structure of 60% equity, 20% preferred, and 20% bonds. Wells Fargo's cost of equity = 11%, cost of preferred = 8%, and before tax cost of debt = 5.8%. The corporate tax rate for Wells Fargo = 21%. What is the WACC for Wells Fargo? 8.65% 8.25 % O 10.14% 09.12% Previous 10