A firm is $30\%$ debt and $70\%$ equity.$$The firm's tax rate is $40\%.$Their bonds trade for $$990,$mature in five years,$$and have a coupon rate of $8\%$ paid annually.$$The firm's common stock trades at $$15$ per share and just paid a dividend of $$3$per share.$$The dividends are expected to grow at a rate of $3\%$ per year forever.

The bond's yield is $4\mathrm{.}95\%$

The required rate of return for the company's common stock is $23\mathrm{.}60\%.$

The cost of financing for this firm $($WACC$)$ is $18\mathrm{.}01\%.$