In the spring of 2017, Al Hassan Company was considering the acquisition of a chain of extended care facilities and wanted to estimate its own Weighted Average Cost of Capital (WACC) as a guide to the cost of capital for the acquisition. Al Hassan Company requires to finance the following ratios with respect to debt and common stock: percentage Debt 40% Common stock 60% Al Hassan Company common stock holders require 12% of dividend and the debt financing is with 8%, Al Hassan pays tax of 20%. Critically measure the Weighted Average Cost of Capital for Al Hassan.