FINA Incs assets are $500 million, financed through bank loans, bonds, preferred stocks and common stocks are:

bank loans $100 million borrowed at 9%

bonds $180 million paying 9% coupon with semi-annual payments, and maturity of 5 years. FINA sold its $1,000 par-value bonds for $940 and had to incur $40 flotation cost per bond

preferred stocks $20 million paying $15 dividends per share FINA sold its preferred shares for $210 and had to incur $10/share flotation cost

Common stocks $200 million, the beta of FINA stocks is 1.2, the 90 day treasury yield is 1%, return on market portfolio is 12%

if FINA is subject to 40% tax rate what is the WACC for FINA?