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You were hired as a consultant to Ciambono Company, whose target capital structure is 40% debt, 15% prefornod, and 45% common equty. Tho afler-tax cost

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You were hired as a consultant to Ciambono Company, whose target capital structure is 40% debt, 15% prefornod, and 45% common equty. Tho afler-tax cost of debt is 6.00%, the cost of prolerned is 7.50%, and the cost of equily is 12.00%. The frm wil not be isyaing any new slock. What is its WACC? 2.23% 18.05% 10.544 8.92%

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