Georgio wants to raise money for a charity at school. He buys 3 boxes of Freddos from the cash and carry. Each box has 50 Freddos in it and costs £9.00. He will sell each Freddo for 24 pence. What is Georgio’s total expenditure?
What was the cost of 1 Freddo to Georgio?
How much money will Georgio make from sales if he sells all is Freddos?

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?