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FINA Company's assets are $750 million, financed through bank loans, bonds, preferred stocks and common stocks. The amounts are as follows Bank loans: $ 100

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FINA Company's assets are $750 million, financed through bank loans, bonds, preferred stocks and common stocks. The amounts are as follows Bank loans: $ 100 million borrowed at 5% Bonds: $280 million, paying 8% coupon with semi-annual payments, and maturity of 10 years. FINA sold its $1,000 par-value bonds for $970 and had to incur $20 flotation cost per bond Preferred Stocks: $120 million, paying $15 dividends per share. FINA sold its preferred shares for $220 and had to incur $20/share flotation cost. Common Stocks: $250 million, beta is 3.20, risk free rate is 5 percent, and market rate is 10%. If FINA is subject to 30% tax rate, what is the WACC for FINA

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