<br/><img src="https://media.cheggcdn.com/media%2F820%2F8201d82f-ba2c-4780-a317-dd877e5d9b15%2Fimage" alt="Question 5 (6 marks) Calico has the following capital structure, which it considers to be optimal: debt-25% (Calico has only long-term debt), preferred shares 7%, and ordinary shares-68%.