Capital Co. has a capital structure based on current marketvalues that consists

Capital Co. has a capital structure based on current marketvalues that consists of 30 percent debt 12 percent preferredstock and 58 percent common stock. If the returns required byinvestors are 12 percent 13 percent and 14 percent for the debtpreferred stock and common stock respectively what is Capitalsafter-tax WACC? Assume that the firms marginal tax rate is 40percent. (Round intermediate calculations to 4 decimal places e.g.1.2514 and final answer to 2 decimal places e.g. 15.25%.)