The target capital structure for jowers manufacturing is 52%common stock 17 % pr

The target capital structure for jowers manufacturing is 52%common stock 17 % preferred stock and 31% debit . If the cost ofcommon equity for the firm is 20.7 percent the cost of preferredstock is 11.5% and the before tax cost of debt is 9.9% what isJowers cost of capital ? The firms tax rate is 34%Jowers WACC is _________________ round 3 decimal places