Question 1 Weighted Average Cost of Capital (WACC). The target capital structur

Question 1 Weighted Average Cost of Capital (WACC). The target capital structure for QM Industries is 35% common stock 9% preferred stock and 56% debt. If the cost of common equity for the firm is 17.5% the cost of preferred stock is 9.6% the before tax cost of debt is 8.8% and the firms tax rate is 35% what is QMs Weighted Average Cost of Capital? QMs WACC is _____% (round to three decimal placesQuestion 2 3The target capital structure for Jowers Manufacturing is 50% common stock 15% preferred stock and 35% debt. If the cost of common equity for the firm is 19.4% the cost of preferred stock is 12.4% and the before tax cost of debt is 10.1%. What is Jowers cost of capital? The firms tax rate is 34%.