Given the following information, compute the Weighted Average Cost of Capital (WACC) for internally generated funds: Preferred Shares Common Equity Debt # of Shares/Bonds Issued FMV for One Share/Bond 16,500 $ 69.00 116,000 $ 22.00 2,000 $ 910.00 Add'l Info Corporate Tax Rate 34% Dividend, Preferred $ 5.80 Dividend, Commons 1.50 (Next Dividend Payment) Price, Preferred $ 69.00 Price, Common $ 22.00 Corporate Growth Rate 4% Bond Yield (Mkt Rate) 8% Flotation Costs, Preferred 4% Flotation Costs, Commons 2.04 / Share Flotation Costs, Debt 4% Question 3 (4 marks) Given the information from Question 2, compute the Weighted Average Cost of Capital (WACC) for externally generated funds