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Given the following information, compute the Weighted Average Cost of Capital (WACC) for internally generated funds Preferred Shares Common Equity Debt # of Shares/Bonds Issued

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Given the following information, compute the Weighted Average Cost of Capital (WACC) for internally generated funds Preferred Shares Common Equity Debt # of Shares/Bonds Issued 17,500 121,000 2,000 FMV for One Share/Bond $ 65.00 $ 23.00 980.00 Add'l Info Corporate Tax Rate Dividend, Preferred $ Dividend, Common $ Price, Preferred $ Price, Common $ Corporate Growth Rate Bond Yield (Mkt Rate) Flotation Costs, Preferred Flotation Costs, Common $ Flotation Costs, Debt 38% 6.40 1.00 (Next Dividend Payment) 65.00 23.00 6% 11% 5% 1.81 / Share 7% Question 3 (4 marks) Given the information from Question 2, compute the Weighted Average Cost of Capital (WACC) for extemally generated funds

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