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Calculate weighted debt, weighed preferred stock and weighted equity. I was given weighted debt =.7708, weighted preferred stock=.0255 and weighted equity=.2037 but Im not sure

Calculate weighted debt, weighed preferred stock and weighted equity. I was given weighted debt =.7708, weighted preferred stock=.0255 and weighted equity=.2037 but Im not sure how these were solved. Please show work. image text in transcribed
. ABC has the following capital structure. Debt issued 5000 $ 1000 face value 30 year bonds 10 years ago at with a coupon rate of 8%. The bond is currently selling at 907.99. Preferred stock 20000 shares of 6% preferred stock were sold ten years ago at their $100 par value share price of the preferred stock is currently $75. The . Equi ty.-The company was originally financed with the sale of 400,000 shares at $15 per share. The stock is now selling at $20 per share. There are currently 600.000 shares outstanding Target Capital Structure Debt 25% Preferred 10% Common 65% Tax rate is 40% Cost to issue additional stock is 9% (also known as flotation costs). Company is expected to grow at 9% indefinitely The current annual dividend is $1.00

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