ninecent corporation has a target capital structure of 60% common stock, 5% preferred stock, and 35% debt. It's cost of equity is 12%, the cost of preferred stock is 8%, and the pretax cost of debt is 9%. The relevant tax rate is 24%. Hey. What is the companies WACC? B. What is the after-tax cost of debt?

Ninecent Corporation has a target capital structure of 60 percent common stock, 5 percent preferred stock, and 35 percent debt. Its cost of equity is 12 percent, the cost of preferred stock is 8 percent, and the pretax cost of debt is 9 percent. The relevant tax rate is 24 percent. a. What is the company's WACC? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the aftertax cost of debt? Note: Do not round intermediote calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16