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Target % in Capital Structure Component Cost (pre-tax) Debt 35.00% 5.30% Preferred Stock 15.00% 8.57% Equity 50.00% 12.81% Tax Rate = 25.00% Based on the

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Target % in Capital Structure Component Cost (pre-tax) Debt 35.00% 5.30% Preferred Stock 15.00% 8.57% Equity 50.00% 12.81% Tax Rate = 25.00% Based on the information in the table, what is the firm's WACC? 9.83% O 9.54% O 9.35% O 9.08%

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