Intro You have collected the following information about a company: Before-tax cost Source of capital Long-term debt Preferred stock Market value $150,000 $50,000 8% 11% 15% for retained earnings Common equity $540,000 18% for new common stock Total $740,000 The company's total (federal plus state) marginal tax rate is 28%. 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