Question 38 1 pts Joshua Edwards is studying towards an online BS in Finance degree from University of St Gallen business school (Switzerland) and currently working as Fixed Income Credit Analyst, High Yield Intern for Duff & Phelps. Joshua is a part of the team that provides a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to occupiers, owners and developers of real estate on a local, regional and national level. Joshua is assigned to find the intrinsic value of Airgas Inc. He knows that he needs to forecast Free Cash Flows (FCFs) and find the WACC for Airgas Inc. To calculate WACC, Joshua collected the following information. Can you help him to find WACC? Total Value of Common Stocks $700,000 Cost of common stock (Rs) 23% (s) Total Value of Preferred Stocks $100.000 (ps) Cost of Preferred stock (Rps) 13% Total Value of Debt (d) $400,000 Before Tax Cost of Debt (Rd) 7% Tax rate (T) 40% 11.04% O 17.67% O 15.90% 8.83%