target capital structure for QM industries
The target capital structure for QM industries is 44% common stock, 7% preferred stock and 49% debt. If the cost of common equity for the firm is 17.8%, the cost of preferred stock is 9.3%, the before tax cost of debt is 7.6% and the firms tax rate is 35%, what is QM’s weighted average cost of capital?
target capital structure for QM industries