Weighted cost of capital (wacc) Ash Co: Capital Structure Cost Bonds 35% 7% Preferred Stock 5 13% Common Stock 60 16 1. If Ash Co needs $1.255 million financing, how much will be through bond issuance? 2. What is Ash Co's weighted cost of capital? 12.70 3. If there are only 100,000 shares of $100 par value cs, how much total financing can Ash Co have without the need to issue new common stock