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Intro You have collected the following information about a company: Source of capital Market value Book value After-tax cost Long-term debt 100,000 100,000 0.08

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Intro You have collected the following information about a company: Source of capital Market value Book value After-tax cost Long-term debt 100,000 100,000 0.08 Preferred stock 60,000 72,000 0.11 Common stock 130,000 65,000 0.16 Total 290,000 237,000 Part 1 What is the weighted average cost of capital using market values? 3+ decimals Submit Attempt 3/10 for 10 pts.

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