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Given the following information. Percent of capital structure: Debt Preferred stock Common equity Additional information: Bond coupon rate Bond yield Dividend, expected common Dividend, preferred

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Given the following information. Percent of capital structure: Debt Preferred stock Common equity Additional information: Bond coupon rate Bond yield Dividend, expected common Dividend, preferred Price, common Price, preferred Flotation cost, preferred Corporate growth rate 9% Corporate tax rate 35% Calculate the weighted average cost of capital for Genex Corporation. Line up the calculations in the order shown in Table 11-1. (Do not round your intermediate calculations and round your final answers to 2 decimal places.) Weighted Cost Debt (Kg) Preferred stock (Kp) Common equity (Ke) Weighted average cost of capital (Kg) 20% 10 70 14% 12% $2.00 $9.00 $45.00 $100.00 $7.50

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