Given the following information on Big Brothers Inc. Capital structure computer the company's weight average cast of capital (WACC). The company marginal tax rates 40%.
Round answer to two decimal places in percentage form.
Type of Captial Percent of Captial Structure Before-Tax Components Cost
Bonds 59% 9.95%
Preferred Stock 14% 15.03%
CommonStocks Please calculate? 14.54%
Round to two decimal places in percentage form.