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Given the following information on Big Brothers, Inc. capital structure, compute the company's weighted average cost of capital (WACC). The company's marginal tax rate

Given the following information on Big Brothers, Inc. capital structure, compute the company's weighted average cost of capital (WACC). The company's marginal tax rate is 40%. Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box) Type of Capital Percent of Capital Structure Before-Tax Component Cost Bonds Preferred Stock 42% 16% 8.69% 16.12% Common Stock Please calculate it 12.77%

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