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Need a little help here thanks! 1 ABC, Inc.'s target capital structure is 35% debt, 15% preferred, and 50% common equity. The before-tax cost of

Need a little help here thanks! 1
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ABC, Inc.'s target capital structure is 35% debt, 15% preferred, and 50% common equity. The before-tax cost of debt (Rp) is 3.5%, the cost of preferred stock (Rp) is 9.25%, and the cost of common stock (RE) is 23.73%. If the tax rate is 25%. What is the WACC? Enter your answer as a percentage and round off to two decimal points. Do not enter % in the answer box

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