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Western Electric has 25,500 shares of common stock outstanding at a price per shate of $66 and a rate of return of 13,65 percent. The

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Western Electric has 25,500 shares of common stock outstanding at a price per shate of $66 and a rate of return of 13,65 percent. The firm has 6,650 shares of 6.50 percent preferred stock outstanding at a price of $88.50 per share. The preferred stock has a par value of $100. The outstanding debt has a total foce value of $365,000 and currently sells for 104.5 percent of foce. The yeld to maturity on the debt is 769 percent. What is the firmis weighted average cost of capital if the tax rate is 21 percent? Mutiple Cholce 1035%. 10.57x 1139%

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