(Weighted average cost of capital​) The capital structure forthe Carion Corporation is provided​ here:The company plans tomaintain its debt structure in the future. If the firm has an​after-tax cost of debt of 5.3 ​percent, a cost of preferred stockof 13.5 ​percent, and a cost of common stock of 18.6 ​percent, whatis the​ firm's weighted average cost of​ capital?
CAPITAL STRUCTURE​ ($000) | |
Bonds | | ​$1,095 |
Preferred stock | | 279 |
Common stock | | 3,633 |
| | ​$5,007 |
|
