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Targaryen Corporation has a target capital structure of 65 percent common stock, 10 percent preferred stock, and 25 percent debt its cost of equity is

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Targaryen Corporation has a target capital structure of 65 percent common stock, 10 percent preferred stock, and 25 percent debt its cost of equity is 13 percent, the cost of preferred stock is 8 percent, and the pretax cost of debt is 9 percent. The relevant tax rate is 25 percent a. What is the company's WACC? (Dp not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal placer, 4., 3216.) b. What is the aftertax cost of debt? (Do not round Intermediate calculations and enter your answer of a percent rounded to 2 decimal places, e.9., 3216.) % WACC b. Cost of debt %

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