1. The Big Lake Barbecue Co. has the following capital structure Bonds $45,000,000 Preferred Stock $12,000,000 Common Stock 995,000,000 Retained Earnings S66,000,000 The specific costs of capital are as follows Bonds 6.5% Preferred Stock 7.9% Common Stock 11 6% Retained Earnings 10.8% Calculate the WACC