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Save Homework: Homework 7 Chapter 12 and a bit of 8 Score: 0 of 1 pt 5 of 12 (4 complete) Problem 12-16 HW Score:

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Save Homework: Homework 7 Chapter 12 and a bit of 8 Score: 0 of 1 pt 5 of 12 (4 complete) Problem 12-16 HW Score: 33.33%, 4 of 12 pts Question Help Pld Company has debt with a yield to maturity of 6.8% cott of equity of 13.3% and a cost of preferred sock of 10.1%. The market values of a debt, preferred stock and equity are $10.5 million, $2.6 million and $14.9 million respectively, and its tax rate is 35%. What is this firm's WACC? Note: Assume that the firm will always be able to utilize its full interest tax shield Pid'e WACC %. (Round to two dooimal ploons)

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