Shi Import-Export's balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total

[answerhappygod]

Shi Import Export S Balance Sheet Shows 300 Million In Debt 50 Million In Preferred Stock And 250 Million In Total 1 (17.46 KiB) Viewed 22 times

Shi Import-Export's balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Shi's tax rate is 25%, r = 6%, r = = 5.8%, and r, 12%. If Shi has a target capital structure of 30% debt, 5% preferred stock, and 65% common stock, what is its WACC? ps