Find the cost of equity for Consolidated Wheels and Axles Inc. using the information below:
The firm's beta estimate is 0.9
The 10-year Treasury yield is 5.1%
The (expected) market risk premium is 6.3%

Using the weights calculated in Q3, and the costs of capital in Q4, Q5, and Q6
compute the WACC for Consolidated Wheels and Axles Inc.

q3 weights: (cost of capital weights)

0.718867925

0.143396226

0.158490566

q4:

cost of preferred stock =

7.843137255

q5: ytm annual

8.048974638 %