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You are given the following information for Skippy Freight Consolidated, Inc. Market: 6% market risk premium 5.1% risk-free rate tax rate is 23% Debt: 13,000

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You are given the following information for Skippy Freight Consolidated, Inc. Market: 6% market risk premium 5.1% risk-free rate tax rate is 23% Debt: 13,000 6.2% annual coupon bonds Selling for $1,080 After-tax Cost of Debt = 4.33% Preferred stock: Market value = $1,700,000 Cost of preferred stock = 4.71% Common stock: Market value = $29,440,000 Beta is 1.13 What is the weight of Debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 12.34.) Weight of Debt % What is the cost of Common Stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 12.34.) Cost of Common % What is the company's Weighted Average Cost of Capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 12.34.) WACC %

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