Cellco Partnership has a capital structure of 46 percent com…
Cellco Partnership has a capital structure of 46 percent common stock, 5 percent preferred stock, and the rest in debt. Its cost of equity is 15.8 percent, the cost of preferred stock is 8.3 percent, and the aftertax cost of debt is 6.8 percent. What is the Weighted Average Cost of Capital (WACC)? You may use the following Excel workbook for your calculations. Any work in Excel or on scrap paper does not have to be submitted. Blank Workbook.xlsx