Calculate the WACC (Weighted Average Capital Costs) of the company Fischer and Friends LTD given the current financial structure

Equity	M
1 Ordinary Shares	1,000
1 6% Preference Shares	225
Retained Profits	700
Total	1925
Debt
Unsecured 6% Bond 2025	500
Secured Loan (Floating rate 7%)	200
Total	700
Grand Total	2,625

Note that in the previous year profit before tax was 500 M

Also Ordinary shareholders have previously received the following dividends

3 Years ago - 5%

2 Years ago - 6%

1 Year ago 6.5