Marks Assume Josh Corp. is discussing new ways to recapitalize the firm and raise additional capital. Its current capital structure has a 30% weight in ordinary equity, 20% in preferred stock, and 50% in debt. The cost of ordinary equity is 20% the cost of preferred stock is 15%, and the pretax cost of debt is 10%. What is the firm's weighted average cost of capital (in percentage terms) if its marginal tax rate is 40%? Type only the final answer into the response box below (NOT into the Notes box) and in pure numeric format Do NOT use W/S sign, commas or spaces (eg only enter 10 if it is 10 days/810/10%) Report question issue Notes Mas A firm requires an investment of $20,000 and will return $30,000 after one year. If the firm borrows $4,000 at 10%, what is the return on levered equity in percentage terms? IType only the final answer into the response box below (NOT into the Notes box) and in pure numerio format. Do NOT use MS signs, commes or spaces (eg, only enter 10 if it is 10 days/810/10%)