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Please use excel and excel formulas step bu step to solve Problem 1 4 . 5 : The target capital structure for Olsen Outfitters Inc.

Please use excel and excel formulas step bu step to solve Problem 14.5: The target capital structure for Olsen Outfitters Inc. is 40 percent common stock, 10 percent preferred stock, and 50 percent debt. If the cost of common equity for the firm is 13 percent, the cost of preferred stock is 8 percent, and the before-tax cost of debt is 6 percent, and the firm's tax rate is 24 percent, what is Olsen's wieghted average cost of capital?
Hint: see Figure 14.1 on page 449
\table[[Source of Capital,Weight,(),(),],[Common Stock,,(),W**C?,],[Preferred Stock,,,,],[Debt,,,,]]
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