Calculate the cost of preferred stock on a $500 7 % bond if the current market price is $450

Calculate the after cost of debt if the tax rate is 35% and the YTM on the companys debt is 6.75%

Using your answers above, Calculate the Weighted Average Cost of Capital (WACC) if w_s = 40%, w_ps = 5%, and w_d= 55%. (2.5 points)