5. Organizing Financial Records To become a member of an Internet video library, Maritza has to put down a deposit of $100, using her credit card. When and if Maritza
chooses to discontinue her membership, the library will refund her deposit only if she has
returned all her rented videos, has paid the annual membership fee, and presents her
membership agreement.
Give Advice Suggest some places Maritza might store the agreement to ensure her claim to
the deposit.

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?