Information on Gerken Power Co., is shown below. Assume the companys tax rate is 30 percent.

Debt:		10,200 8.8 percent coupon bonds outstanding, $1,000 par value, 23 years to maturity, selling for 95.5 percent of par; the bonds make semiannual payments.
Common stock:		227,000 shares outstanding, selling for $84.70 per share; beta is 1.32.
Preferred stock:		13,700 shares of 5.85 percent preferred stock outstanding, currently selling for $96.30 per share.
Market:		7.1 percent market risk premium and 4.9 percent risk-free rate.

What is the company's cost of each form of financing? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Cost of equity	%
Aftertax cost of debt	%
Cost of preferred stock	%

Calculate the company's WACC. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) WACC %