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You are given the following information for Spiced Sugar LLC. Market: 5.5% risk-free rate 6% market risk premium tax rate is 24% Common stock: Market

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You are given the following information for Spiced Sugar LLC. Market: 5.5% risk-free rate 6% market risk premium tax rate is 24% Common stock: Market Value = $36,400,000 Beta is 1.21 Debt: Market value = $21,090,000 After-tax cost of debt = 4.51% Preferred stock: 23,000 shares of preferred stock Currently selling for $91 per share Cost of preferred stock =505% What is the weight of Preferred Stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 12.34.) Weight of Preferred What is the cost of Common Stock? (Do not round intermediate colculations 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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