Can anyone help me out with this problem? I cannot figure it out. Thank you!!!

16 Consider the case of Kuhn Co. be Kuhn Cols considering a new project that will require an initial investment of $45 mio. It has a target capital structure of 35% debt, 2% preferred stock, and 63% common equity, Kuhn has no calable bonds outstanding that mature in five years with a face value of $1,000, an annual coupon rate of 10%, and a market price of $1,050,76. The yield on the company's current bonds is a good approximation of the yield on any new bonds that it sous. The company can sel shares of preferred stock that pay an annual dividend of $9 at a price of $92.25 per share. 15 19 20 21 22 23 24 25 20 27 Kuhn does not have any retained earnings available to finance this project, so the firm will have to issue new common stock to help fund it. Its common stock is currently selling for $22.35 per share, and it is expected to pay a dividend of 51.96 at the end of next year rotation costs will represents of the funds raised by lwing new common stock. The company is projected to grow at a constant rate of 8.79 and they face a tax rate of 25%. What will be the WACC for this project? (Note: Round your intermediate calculations to two decimal places) Grade It Now Save & Continue 29 30 31 32 33 Continue without saving