[ Amazon Corporation has 10 million shares of common stock outstanding, 270,000 shares of 4% $100 par value preferred stock outstanding, and 149,000 7.50% semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $94 per share and has a beta of 1.40, the preferred stock currently sells for $92 per share, and the bonds have 10 years to maturity and sell for 125% of par. The market risk premium is 9.6%, T-bills are yielding 5%, and Amazons Corporate tax is 38%.

]a) What is the firms market value of Capital?

b) Calculate WACC (Weighted Average Cost of Capital)?