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Million of short term debt with a cost of 7 and 2 million

A company has a capital structure of $5million common stock with a cost of 17%, $2 million bonds at 4%, 1 million of short term debt with a cost of 7%, and 2 million preferred stock with a cost of 3%, what is the weighted average after tax cost of long term debt? The company has a 35% tax rate.

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Financial Accounting: Million of short term debt with a cost of 7 and 2 million

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Financial Accounting: Million of short term debt with a cost of 7 and 2 million

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