QUESTIONS 10 P Calculate WACC The Weighted Average Cost of Capital is sometimes called the Opportunity Cost of Capital because there is a cost of using financing Calculate the opportunity cost of capital for a firm with the following capital structure: 30% preferred stock, 50% common stock and 20% debt. The firms has a cost of debt of 7.83%, a cost of preferred stock equal to 10.04% and a 13.6% cost of common stock The firm has a 29% tax rate. You answer should be entered as a %, for example 15.48%