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Question 20. A firm pretax cost of debt is 7%, re 12% and cost of preferred stock is 8%. 60000-shares-outstanding-at-market price 40 USD 20 000

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Question 20. A firm pretax cost of debt is 7%, re 12% and cost of preferred stock is 8%. 60000-shares-outstanding-at-market price 40 USD 20 000 shares of common stock outstanding at a market price = 40 USD per share. 10000 shares of preferred stock outstanding at the market price-45 USD per share. The bond has face value of 500 000 USD and sells at 95% face value. The tax rate is 30%. What is WACC

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