Metals corps after-tax cost of debt is 525 preferred stock


Metals Corp. has $2,575,000 of debt, $550,000 of preferred stock, and $18,125,000 of common equity. Metals Corp.'s after-tax cost of debt is 5.25%, preferred stock has a cost of 6.35%, and newly issued common stock has a cost of 14.05%. What is Metal Corp's weighted average cost of capital?

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Finance Basics: Metals corps after-tax cost of debt is 525 preferred stock
Reference No:- TGS01464566

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