omework: Homework 10 core: 0 of 10 pts 6 of 12 (0 complete) HW Score: 0%, 0 of 120 14-22 (similar to) Question Help (Related to Checkpoint 14.1) (Weighted average cost of capital) The target capital structure for QM Industries is 40 percent common stock, 5 percent preferred stock, and 55 percent debt. If the cost of common equity for the firm is 18.2 percent, the cost of preferred stock is 9.7 percent, the before-tax cost of debt is 8.4 percent, and the firm's tax rate is 35 percent, what is QM's weighted average cost of capital? QM's weighted average cost of capital is %. (Round to three decimal places.) nalt ICO Quel excel no 2/10) Enter your answer in the snower box and think Answer All parts showing W P