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Suppose Greyhound Inc. has the following information, what is its WACC? It has a 35% corporate tax rate and is funded as follows. $56,000,000 equity

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Suppose Greyhound Inc. has the following information, what is its WACC? It has a 35% corporate tax rate and is funded as follows. $56,000,000 equity with a return of 19.2% $4,000,000 debt with a 11.5% pre-tax cost of debt $17,000,000 preferred with a 12.9% cost of preferred a) 15.6% b) 14.5% c) 17.2% d) 13.1%

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