if you have answered this before please check again. your answer was wrong the last time.

14) Dayton Distributing Company has financed an expansion requiring $50 million as shown in table below even though historically the company has financed any capital requirement with 20% debt at 12% interest and 80% equity with a 8% rate of return. (3 Points) Source of capital Stocks Retained earnings Bonds Amount $16M $25M $9M Interest Rate/ Dividend 8% 10% 6% a) What is the weighted average cost of capital based on historical method? b) What is the weighted average cost of capital based on current financing