Question 6 Calculate the WACC (weighted average cost capital) for the three ranges are summarized in the table. Range of total new financing Source of Capital Weight Cost $0-$60,000 Debt 0.4 5.60% Preferred Stock 0.1 10.60% Common Stock 0.5 13.00% $600,000-$1000,000 Debt 0.4 5.60% Preferred Stock 0.1 10.60% Common Stock 0.5 14% $1000,000 and above Debt 0.4 8.40% Preferred Stock 0.1 10.60% Common Stock 0.5 14%