Common stock: $30,000$ shares outstanding, $$125$ per share. Miller will pay a dividend of $$5$ next year and this dividend is expected to grow at $4\%$ per year.

Bonds: $5,000$ bonds outstanding, with a $4\%$ coupon paid semiannually, $7$ years to maturity, and a bond quote of $98.$

Preferred Stock: $5,000$ shares outstanding with annual dividends of $$5,$ currently selling at $$125.$

Miller Corp.$\text{'}$s marginal tax rate is $25\%.$

Question $1$

What is Miller Corp.$\text{'}$s Weight of Equity?

Question $2$

What is Miller Corp.$\text{'}$s After Tax Cost of Debt?

Question $3$

What is Miller Corp.$\text{'}$s Cost of Preferred Stock?

Question $4$

What is Miller Corp.$\text{'}$s Cost of Equity?

Question $5$

What is Miller Corp.$\text{'}$s WACC?