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I. The right side of the balance sheet of the WBC Corp. shows the following:...

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Accounting

I. The right side of the balance sheet of the WBC Corp. shows the following:
Accounts payable P 100,000 Additional information:
Loans payable (18%,5 years)280,000 Annual dividend on preferred stock P50
Preferred stock, par P500270,000 Market price per share of common stock P 325
Common stock, par P200325,000 Earnings per share of common stock P81.25
Retained earnings 150,000 Income tax rate 25%
Required: Specific cost of each capital source and the weighted average cost of capital ?(15 pts.)
Amount Rate Nominal Effective W A C C
P
Total

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