Given the following information for Watson Power Co., find the WACC. Assume the company's tax rate is 21 percent. Debt: 10,000 6.4 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 108 percent of par; the bonds make semiannual payments. Common stock: 495,000 shares outstanding, selling for $63 per share; the beta is 1.15. Preferred stock: 35,000 shares of 3.5 percent preferred stock outstanding, currently selling for $72 per share Market: 7 percent market risk premium and 3.2 percent risk-free rate.

please provide the accurate formulas for the pretax cost of debt, aftertax cost of debt, and WACC.

Complete the following analysis. Do not hard code values in your calculations Leave the "Basis" input blank in the YIELD function. You must use the built-in Excel function to answer this question. fx Given the following information for Watson Power Co., find the WACC. Assume B