help pls!

Sorensen Systems Inc. is expected to pay a $2.50 dividend at year end (D1 =$2.50 ), the dividend is expected to grow at a constant rate of 5.50% a year, and the common stock currently sells for $50 a share. The before-tax cost of debt is 7.50%, and the tax rate is 40%. The target capital structure consists of 19% debt and the rest common equity. What is the company's WACC if all the eqfity used is from retained earnings? Your Answer: Answer Question 3 ( 2 points) You were hired as a consultant to Quigley Company, whose target capital structure is 35% debt, 10% preferred, and 55% common equity. The interest rate on new debt is 6.88%, the yield on the preferred is 8.44%, the cost of retained earnings is 16.87%, and the tax rate is 38%. The firm will not be issuing any new stock. What is Quigley's WACC? Your