By , complete the following assignment:Coogly Company is attempting to identify its weighted average cost of capital for the coming year and has hired you to answer some questions they have about the process. They have asked you to present this information in a PowerPoint presentation to the companys management team.ÿ The company would like for you to keep your presentation to approximately 10 slides and use the notes section in PowerPoint to clarify your point. Your presentation should address the following questions and offer a final recommendation to Coogly. Make sure you support your answers and clearly explain the advantages and disadvantages of utilizing the weighted average cost of capital methodology. Include at least one graph or chart in your presentation.The capital structure for the firm will be maintained and is now 10% preferred stock, 30% debt, and 60% new common stock.ÿ No retained earnings are available.ÿÿ The marginal tax rate for the firm is 40%.