The target capital structure for jowers manufacturing is 49% common stock, 19% preferred stock and 32% debt. If the cost of common equity for the…

The target capital structure for jowers manufacturing is 49% common stock, 19% preferred stock and 32% debt. If the cost of common equity for the firm is 19.1% the cost of preferred stock is 11.1% and the beforetax cost is 10.5% what is Jowers’ cost of capital ? the firm’s tax rate is 34%.Jowers’ WACC is _____%

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