Can you please show step by step showing particular attention to YTM? I was having difficulty understanding how to calculate that

Preferred Stock and WACC The Saunders Investment Bank has the following financing outstanding. What is the WACC for the company?

Debt:

Preferred stock: Common stock: Market:

50,000 bonds with a coupon rate of 5.7 percent and a current price quote of 106.5; the bonds have 20 years to maturity. 200,000 zero coupon bonds with a price quote of 17.5 and 30 years until maturity.

125,000 shares of 4 percent preferred stock with a current price of $79, and a par value of $100. 2,300,000 shares of common stock; the current price is $65, and the beta of the stock is 1.20.

The corporate tax rate is 40 percent, the market risk premium is 7 percent, and the risk-free rate is 4 percent.