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Use an excel spreadsheet and calculate the after-tax cost of funds and the weighted average cost of capital (WACC) for the following: Common Stock Preferred

Use an excel spreadsheet and calculate the after-tax cost of funds and the weighted average cost of capital (WACC) for the following: Common Stock Preferred Stock Debt (annual coupon) Last Dividend $3.85 $1.50 Coupon Rate 9% Market Value $45 $13.00 Maturity 20 Growth Rate 5% Market Value $1,100.00 Flotation Costs 3% 3% Flotation Costs 3% Weight 50% 10% Tax Rate 36% Face Value $1,000.00 Weight 40%

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