QUESTION 19 1.5 points You were hired as a consultant to Giambono Company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is 6.00%, the cost of preferred is 7.50%, and the cost of retained earnings is 12.75%. The firm will not be issuing any new stock. What is its WACC? 8.98% 9.26% 9.54% 9.83% QUESTION 20 1.5 point The optimal capital structure involves maximizing the cost of all funds minimizing the cost of all funds using no financial leverage Click Save and Submit to save and submit. Click Save All Answers to save all answers