4.Calculate and Comment on the WACC for the following firm: Debt: 10,000 bond with an 4 percent coupon rate outstanding, selling for 75% of par value. The bonds have 15 years to maturity. Common stock: 15,000 shares of common stocks. The dividend have a growth rate of 10 percent, the current price is $80, and the dividend next year will $4. The beta of the stock is 1,2. Preferred stock: 5,000 shares of 6 percent preferred with acurrent price of $70. Market: The corporate tax rate is 35 percent, the expected return on the market is 10 percent, and the risk-free rate is 5 percent.