The Nolan Corporation finds that is necessary to determinis marginal cost of capital Nolan's current capital structure calls for 30 percent debt, 20 percent preferred stock and 50 percent common equity Initially common equity will be in the form of retained earnings and then new common stock im. The costs of the various sources of financing are as follows debt, 76 percent preferred stock, 7 percent retained earnings 13 percent, and new common stock 142 percent 6. What is the initial weighted average cost of capital include debit, preferred stock and common equity in the form of retained eamings ) (Do not round Intermediate calculations. Round the final answer to 2 decimal places) Weighted wetage cost of capital 2010 b. the firm has $14 mlhor in retained earrings at what size of investment will the fem run out of retained earning Enter the answer in millions.) Capital structure size (X) $ 20 million c. What wil the marginal cost of capital beimmediately after that point Equity will remain at 50 percent of the capital structure, but it will all be in the form of new common stock, Ka) (Do not found intermediate calculations, Round the final answer to 2 decimal places) Marginal cost of capital d. The 76 percent cost of debt referred to above applies only to the first $21 milion of debt. After that the cost of debt will be 92 percent. Al what size of investment will there be a change in the cost of debt? (Enter the answer in millions) Capital structure size 12 $ million e. What will the marginal cost of capital be immediately after that point? (Consider the facts in both parts and do not round Intermediote calculations. Round the final answer to 2 decimal places.) Marginal cost of capital