(Answered) Given the following information on big brothers inc capital

Finance

Given the following information on Big Brothers Inc. capital structure, compute the company's weighted average cost of capital (WACC). The company marginal tax rate is 40%.

Round the answer to two decimal places in percentage form

Type of Capital	Percent of Capital Structure	Before-Tax Component Cost
Bonds	34%	10.35%
Preferred Stock	15%	14.88%
Common Stock	Please calculate it	17.08%

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