. Grand Co. is planning on establish a project of new line product for 4 years that can help to enhance the income of the company in the next few years. In order to implement the project, the company used the following capital structure: >Issuing bonds: 6,000 coupon bond, with 10% of coupon rate that paying annually for 5 years, the YTM of the bonds is estimated with 8%. >Issuing Preferred stock: 1,000 preferred stock with 10% of preferred with par value of $150. Required rate of preferred is supposed 12%. Issuing Common stock: 15,000 common stocks. The company plans to pay $4 dividend next year for each stock. And the growth rate of dividend is constant with 8% each year. > Company data: Tax is 40%; beta of the company is 1.5 > Market data: Average market return is 12%; Treasury bill rate is 6%. Requirement: a. Calculate the price of all company's securities. Assuming that the selling prices of the company's securities are the same as the price investors are willing to pay. b. Calculate the weighted average cost of capital of the company.