Wildhorse Solutions Corporations has gathered the following information: Debt Common Preferred Total Market Value Market Value $26,500,000 6,310,350 2,270,000 $35,080,350 Cost 6.60% 8.90% 9.00% Calculate the company's weighted average cost of capital. (Round answers to 2 decimal places, e.g., 15.75.) WACC Debt Common Preferred Total Market Value The weighted average cost of capital (WACC) is estimated using which of the following measures to weight its various sources of financing? Market value O Book Value O Each source is equally weighted O Industry standard weights Managers, involved in operations on daily basis, have generally more information about the company than shareholders. Is this a case of asymmetric information? O True O False Parts of the indenture that limit certain actions a company takes during the term of the loan to protect the lender's interests are called O debentures. O bond ratings. O covenants. O negative pledge clauses