FILL IN THE CORRECT NUMBER, write the answer as a percentage number with one decimal, for example 5% would be entered as 5,0. Fourfive corporation has a target capital structure of 70 percent common stock, 5 percent preferred stock, and 25 percent debt. It's cost of equity is 11 percent, the cost of preferred stock is 5 percent, and the after tax cost of debt is 5 percent. The relevant tax rate is 23 pereent. What is the company's weighted average cost of capital (WACC)? FILL IN THE CORRECT NUMBER, write the answer as a percentage number with one decimal, for example 5% would be entered as 5,0. Fourfive corporation has a target capital structure of 70 percent common stock, 5 percent preferred stock, and 25 percent debt. It's cost of equity is 11 percent, the cost of preferred stock is 5 percent, and the after tax cost of debt is 5 percent. The relevant tax rate is 23 pereent. What is the company's weighted average cost of capital (WACC)