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The Tyler Oil Company s capital structure is as follows: Debt 3 0 % Preferred stock 1 5 Common equity 5 5 The aftertax cost

The Tyler Oil Companys capital structure is as follows:
Debt 30%
Preferred stock 15
Common equity 55
The aftertax cost of debt is 9 percent; the cost of preferred stock is 12 percent; and the cost of common equity (in the form of retained earnings) is 15 percent.
Calculate Tyler Oil Companys weighted average cost of capital in a manner similar to Table 11-1.(Round the final answers to 2 decimal places.)
Weighted Cost
Debt (Kd)%
Preferred stock (Kp)
Common equity (Ke)(retained earnings)
Weighted average cost of capital (Ka)

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