Question Completion Status: 11 15 17 18 20 Wiedom Saver Moving to another question will save this response Question 15 of 20 Question 15 5 points Metals Corp. has $2,575,000 of debt, $550,000 of preferred stock, and $18,125,000 of common equity, Metals Corp.'s before-tax cost of debt is 5.25%, preferred mock has a cost of 6,35%, and newly issued common stock has a cost of 14.05%. The tax rate is 21%. What is Metals Corp.'s weighted average cost of capital? Cost of common equity: R. - Do(1+0) P. Return or Cost of common equity: E() = r; +[E() - D. Cost of Preferred Stock: Value of Preferred Stock WACC - W..K.(1 - 7) + W... K + W... 12.78% 13.44% 11.78% 12.65% Return or Cost of common equity: E(1) = rx +BO Ops Cost of Preferred Stock: rps = Value of Prefe WACC = Wa* Ka(1 T) + Wc + Kcs + 1 12.78% 13.44% 11.78% 12.65% A Moving to another question will save this response