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Using Excel and showing formulas and calculations please: Using market value and book value (separately), find the adjusted WACC, using 30% tax rate. Component Balance

Using Excel and showing formulas and calculations please:

Using market value and book value (separately), find the adjusted WACC, using 30% tax rate.

Component Balance Sheet Value Market Value Cost of Capital
Debt 5,000,000.00 6,850,000.00 8%
Preferred Stock 4,000,000.00 2,200,00.00 10%
Common Stock 2,000,000.00 5,600,000.00 13%

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