Can you please provide the step by step to arrive at the answer? I am esp confused on how to get to the YTM value. How do you calculate that without a financial calculator??

Finding the WACC. Given the following information for Huntington Power Co, find the WCC. Assume the company's tax rate is 35%

Debt: 10,000 5.6 percent coupon bonds outstanding, $1000 par value, 25 years to maturity, selling for 97 percent of par, the bonds make semiannual payments

Common Stock: 425,000 shares outstanding selling for $61 per share, the beta is .95

Market: 7 percent market risk premium and 3.8 percent risk free rate