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What Is the Weighted Average Cost of Capital for Mud

question 65

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What is the weighted average cost of capital for Mud Bug Corporation? ?  Source of Capital  Capital Components  Cost  Long-Term Debt $60,0005.6% Preferred Stock $15,00010.6% Common Stock $75,00013.0%\begin{array} { l l r } \text { Source of Capital } & \text { Capital Components } & \text { Cost } \\\text { Long-Term Debt } & \$ 60,000 & 5.6 \% \\\text { Preferred Stock } & \$ 15,000 & 10.6 \% \\\text { Common Stock } & \$ 75,000 & 13.0 \%\end{array}

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