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Question 16) META Capital Inc hasa capital structure of 50 percent common stock, 5 percent preferred stock, and the 45 percent in debt. Its cost
| Question 16) | META Capital Inc hasa capital structure of 50 percent common stock, 5 percent preferred stock, and the 45 percent in debt. Its cost of equity is 15 percent, the cost of preferred stock is 12 percent, and the BEFORE TAX cost of debt is 8.00. percent. What is the WACC given a tax rate of 24 percent? | ||||||||||
| (3 Points) | |||||||||||
| A | 11.70% | ||||||||||
| B | 10.84% | ||||||||||
| C | 12.00% | ||||||||||
| D | 8.00% | ||||||||||
| E | 13.50% | ||||||||||
| Correct Answer: | |||||||||||
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