2. You know the following about Company A's equity and the stock market (on an annual basis): RM=9.85% RF=2.85% O M^2= .0256 0(1,M)=.04352 The company has debt with an annual yield to maturity (including floatation costs) of 3.01%. The market value of the common stock is $470,400,000, the market value of the debt is $226,800,000, and the market value of the preferred is $142,800,000. The marginal corporate tax rate is 21%. Company I recently issued preferred for $1,000.00 net of floatation costs. The preferred pays a quarterly dividend of $18.20. Please round to four places in your calculations. a. What is the annual required return on the common stock? b. What is the annual required return on the preferred, taking floatation costs into account? c. What is Company A's annual WACC