Company A manufactures and sells extreme sports gear. Its website includes a place for customers to post reviews of its products, both positive and negative. It also encourages them to share their experiences with the products, including pictures of them using the products. These aspects of the website demonstrate how the company uses to sell its products.

Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?