Hw 5 Due Date: April 8, Friday, 2022. For a full credit in problem, you should show all your calculation. Calculate the WACC which represents the "hurdic rate" for a typical project with average risk using average of the range of the marginal cost of common cquity using retained camings or new earnings Data: A 15-year, 12% coupon, semiannual payment non-callable bonds sell for $1.153.72. New bonds will be privately placed with no flotation cost. A 10%, $1.000 par value, annually dividend, perpetual preferred stock sells for $1,111. Both an existing common stock and a new common stock issue, which incurs no flotation cost of the proceeds, sells for 550. D -$4.3995 and g 5%, b = 1.2: -7% RPM-6%. Bond-Yield Risk Premium - 4%. Target capital structure: 30% debt, 20% preferred, 50% common equity. Tax rate is 25% HINTS: Use the formula, WACC-WXrX1 - Tax)+w, xr,+wxr