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  3. the yield to maturity on a company's debt is 6.2%

The yield to maturity on a company's debt is 6.2% per year, its cost of...

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The yield to maturity on a company's debt is 6.2% per year, its cost of preferred stock financing is 7.6% per year, and its cost of equity financing is 13.1% per year. The tax rate is 30%. If the company's capital structure is 55% debt, 20% preferred stock, and 25% equity, what is the company's annual weighted average cost of capital? 1) 7.73% 2) 7.18% 3) 8.64% 4) 9.05% 5) 6.63%

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