Homework Answers
| Particulars | Cost | Weights |
| Common stock equity | 35.00% | 0.50 |
| Preferred stock | 7.50% | 0.05 |
| debt (15*60%) | 9.00% | 0.45 |
| WACC(%) | 21.93 | ||
| {(0.5*35)+(0.05*7.50)+(0.45*9)} |
So the correct option is b i.e. 21.93%
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