QUESTION 1

Weighted Average Cost of Capital Austin, Inc. plans to finance its expansion by raising the needed investment capital from the following sources in the indicated proportions and respective capital cost rates.

Capital Cost
Source	Proportion	Rate
Bonds	45%	11%
Preferred stock	10%	9%
Common stock	25%	15%
Retained earnings	20%	13%
	100%

Calculate the weighted average cost of capital. Round answers to one decimal place. For example, 0.457 = 45.7%.

Weighted Average
	Cost of Capital
Bonds	Answer%
Preferred stock	Answer%
Common stock	Answer%
Retained earnings	Answer%
	Answer%

CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 1 Not complece Poins out of 2.00 Welghted Average Cost of Capital gquestion Austin, Inc. plans to finance its expansion by raising the needed investment capital from the following sources in the indicated proportions and respective capital cost rates. Proportion Rate 45% 11% 10% 9% 25% 15% 20" 13% Source Bonds Common stock 100% Calculate the weighted average cost of capital. Round answers to one decimal place. For example, 0.457-45.7%. Weighted Average Cost of Capital Donds Preferred stock Common stock Retainecd carnings Check