ITY T weighte rm for in the va refer to u ), RB=th = the inco rm debt lue of del (assume YTM of t PV=-100 NPER=1 rent YTM y, the cos the curre se look b nber of b f the firm ds, $1,060 ited Sta 30 3 E 3 D Weighted average accumulated expenditures are $400,000 on a project for which work steadily progressed during the current year. The following debt was outstanding during the current year. T ice Stock Valuation viex Construction loan $100,000 at 10% Note payable $500,000 at 8% Mortgage payable $150,000 at 12% a. Compute the weighted average interest rate on the general debt. $ 4 General Debt $ b. Calculate avoidable interest for the purpose of interest capitalization. Note: Use the interest rate calculated above EXACTLY as shown in your calculations below. . Note: Round dollar amounts to the nearest whole dollar. Debt Category Specific Debt $ General Debt C Calculation of weighted average interest rate umerator + Denominator = Rate 58000 $ 650000 = 000 000 F4 R F Calculation of Avoidable Interest Weighted Ave