The target capital structure for Jowers Manufacturing is 53 percent common stock, 10 percent preferred stock, and 37 percent debt. If the cost of common equity for the firm is 20.6 percent, the cost of preferred stock is 12.5 percent, and the before-tax cost of debt is 9.5 percent, what is Jowers' cost of capital? The firm's tax rate is 34 percent. In a percentage

The target capital structure for QM Industries is 40 percent common stock, 5 percent preferred stock, and 55 percent debt. If the cost of common equity for the firm is 18.6 percent, the cost of preferred stock is 9.9 percent, the before-tax cost of debt is 7.8 percent, and the firm's tax rate is 35 percent, what is QM's weighted average cost of capital? In a percentage

In the spring of last year, Tempe Steel learned that the firm would need to re-evaluate the company's weighted average cost of capital following a significant issue of debt. The firm now has financed 40 percent of its assets using debt and 60 percent using equity. Calculate the firm's weighted average cost of capital where the firm's borrowing rate on debt is 8.9 percent, it faces a 35 percent tax rate, and the common stockholders require a 19.6 percent rate of return. Tempe Steel's weighted average cost of capital is ___%