Intro You have collected the following information about a company: Market value Before-tax cost Source of capital Long-term debt Preferred stock 8% $180,000 $50,000 11% 18% for retained earnings Common equity $440,000 21% for new common stock Total $670,000 The company's total (federal plus state) marginal tax rate is 44%. Part 1 | Attempt 1/3 for 10 pts. What is the weighted average cost of capital, if all common equity comes from retained earnings? 3+ decimals Submit Part 2 Attempt 1/3 for 10 pts. What is the weighted average cost of capital, if all common equity comes from newly issued stock? 3+ decimals Submit