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Check my work Charlottes Crochet Shoppe has 17,300 shares of common stock outstanding at a price per share of $85 and a rate

Charlotte's Crochet Shoppe has 17,300 shares of common stock outstanding at a price per share of $85 and a rate of return of 12.01 percent. The company also has 380 bonds outstanding, with a par value of $2,000 per bond. The pretax cost of debt is 6.33 percent and the bonds sell for 100.2 percent of par. What is the firm's WACC if the tax rate is 40 percent?
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Average Cast of Capital of spela ( WACC Calculation of Weighted Grinen Common Stock 17,300 Shares price Per Share $85 So Valua) Weight of Comman Stock & Value of Camman Stock Cotal salue = $ 1970.500 2. 21,750 and Weight of Band (Debt) = Value of BanNow We Calculate after After Tan - Pre-Tase Cost of Delet Cast of Delet lore Cost of x (1 - Cox Delt Rate) 6.33 1. x (- 401)I WACC = Stock Rate & Weight of & After Care & Weight of of Return Comman Stock Cost of Delet Deht a (Bond = 12.01% X 1.470.5

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