8. Compute the weighted average cost of capital from the following facts Debt $ 30,000 Bond selling price Preferred Stock $ 70,000 Face value of Bond Common Equity $1,00,000 Maturity period Coupon rate of bond Corporate tax rate Dividend, preferred tax Price, preferred stock Flotation cost, preferred stock Paid Dividend, common stock Price, common stock Growth rate, common stock $1200 $ 1,000 10 years 10% 40% $7.00 $80 $1.20 $3.20 $43.45 7.65%