Related to Checkpoint 14.1) (Weighted average cost of capital The target capital structure for GM industries is 45 persent common stock 13 percent preemad stock, and 42 percent debit. If the cost of common equity for the is 17.6 percent the cost of prefemed stock 95 percent, the before tax cost of debt 7.9 percent, and the fre's tax rate 25 percent, what is Os weighted average cost of capital? GM weighted average cost of capital sound to three decimal places)