What is the WACC? B/S Accts Payable Notes Payable Total Current Lib $100 $ 50 $150 $ Long Term Debt Preferred Stock Retained Earnings Paid In Capital 300 40 250 800 Total Debt & Equity 1,540 Assumptions Cost of Debt pre Tx Tax Rate Preferred D1 Mkt Value P/S Mkt Value of Stock$12 No. of Shares Out r from CAPM 8.0% 40.0% $ 30 150 9.0%