The interest rate on new debt is 650 the yield on the


Weir Inc. has a target capital structure of 30% debt, 25% preferred, and 45% common equity. The interest rate on new debt is 6.50%, the yield on the preferred is 6.00%, the cost of retained earnings is 9.6%, and the tax rate is 40%. The WACC for Weir is: 6.81% 6.62% 6.77% 6.99% 6.60%

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Financial Accounting: The interest rate on new debt is 650 the yield on the
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