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QUESTION 7 Omega Corporation has a target capital structure of 60% of common stock, 10%...

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QUESTION 7 Omega Corporation has a target capital structure of 60% of common stock, 10% preferred stock, and 30% debt. Its cost of equity is 15 % , the cost of preferred stock is 10%, and the pretax cost of debt is 8%. The relevant tax rate is 25 %. What is the company's WACC? a. 10.80% b. 11.80% c. 12.80% d. 18.10%

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