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Warm-Up 9-5 (similar to) Question Help Oxy Corporation unes debt, preferred stock, and common stock to raise capital. The firm's captal structure targets the following

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Warm-Up 9-5 (similar to) Question Help Oxy Corporation unes debt, preferred stock, and common stock to raise capital. The firm's captal structure targets the following proportions debt 53% proferred stock, 10%, and common stock 37% If the cost of debt is 73% preferred stock costs 77%, and common stock costs 118%, what is Oxy's weighted average cost of capital (WACC)? Oxy's weighted average cost of capital (WACC) i % (Round to two decimal places)

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