A corporation has 9,000 bonds outstanding with a 5% annual coupon rate, 7 years to maturity, a $1,000 face value, and a $1,200 market price. The companys 110,000 shares of preferred stock pay a $4 annual dividend, and sell for $40 per share. The companys 500,000 shares of common stock sell for $25 per share and have a beta of 1. The risk free rate is 5%, and the market return is 11%.

Calculate cost of debt

cost of preferred stock

cost of equity

weights of debt, preferred stock and equity

company's pre-tax WACC