Eggs,Inc.reported earnings available to common stock of$4200000last year.From these earnings,the company paid a dividend of$1.26on each of its1000000common shares outstanding.The capital structure of the company includes40%debt,10%preferred stock,and50%common stock.It is taxed at a rate of40%.The market price of the common stock is$40and dividends are expected to grow at a rate of6%for the foreseeable future.The company plans to issue$2.00dividend preferred stock for a market price of$25.00per share.Flotation costs would amount to$3.00per share.In addition,the company will also issue$1000-par-value,10%coupon,5-year bonds that can be sold for$1200each.Flotation costs would amount to$25.00per bond.What is the WACC?