i need help

Kuhn Co. is considering a new project that will require an initial investment of 54 milion. It has a target capital structure of 58% debt, 6% preferred stock, and 36% common equity. Kuhn has noncallable bonds outstanding that mature in five years with a face value of $1,000, an annual coupon rate of 10%, and a market price of $1,050.76. The yield on the company's current bonds is a good approximation of the yield on any new bonds that it issues. The company can sell shares of preferred stock that pay an annual dividend of $8 at a price of $95.70 per share. Kuhn does not have amy retalned eamings available to finance this project, so the firm will have to issue new common stock to help fund it. Its common stock is currently selling for $22.35 per share, and it is expected to pay a dividend of $2.78 at the end of next year. Flotation costs wiII represent 8% of the funds raised by issulng new common stock. The compamy is projected to grow at a constant rate of 8.7%6, and they face a tax rate of 25%. What wil be the WACC for this project? (Note: Round your intermediate calculations to tivo decimal places.) Consider the case of Kuhn Co. Kuhn Co, is considering a new project that will require an initial investment of $4 million. It has a target capital structure of 58% debt, 6% preferred stock, and 36% common equity. Kuhn has noncallable bonds outstanding that mature in five years with a face value of $1,000, an annual coupon rate of 10%, and a market price of $1,050,76. The yield on 9,83% any's current bonds is a good approximation of the yieid on any new bonds that it. issues. The company can-sell shares of preferred stoc. 11.68% an annual dividend of $8 at a price of $95.70 per share. Kuhn does not have any retained earnings avaliable to 12.29% is project, so the firm will have to issue new common stock to help fund it, its common stock is currently selling for $22.35 per shar. 14.13% expected to pay a dividend of $2.78 at the end of next year. Flotation costs will represent 8% of the funds raised by issuing new comr The company is projected to grow at a constant rate of 8.7%, and they face a cax rate of 25%. What wis be the WACC for this project? (Note: Round your intermediate caiculations to two decimal piaces.)