given the following information, compute the weighted cost average of capital (WACC) for internally generated funds:

Question 2 (39 marks) 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 17,200 123,000 2,100 FMV for One Share/Bond $ 80.00 $ 22.00 1,040.00 Add'l Info Corporate Tax Rate Dividend, Preferred $ Dividend, Common $ Price, Preferred $ Price, Common $ Corporate Growth Rate Bond Yield (Mkt Rate) Flotation Costs, Preferred Flotation Costs, Common $ Flotation Costs, Debt 38% 8.00 1.80 (Next Dividend Payment) 80.00 22.00 8% 12% 5% 1.88 / Share 6% Question 3 (4 marks) Given the information from Question 2, compute the Weighted Average Cost of Capital (WACC) for externally generated funds