Information on Janicek Power Co., is shown below. Assume the companys tax rate is 40 percent. Debt: 9,900 9.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 97 percent of par; the bonds make semiannual payments. Common stock: 224,000 shares outstanding, selling for $84.40 per share; beta is 1.29. Preferred stock: 13,400 shares of 5.95 percent preferred stock outstanding, currently selling for $96.60 per share. Market: 7.2 percent market risk premium and 5 percent risk-free rate.

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

Cost Cost of equity _______ %

Aftertax cost of debt _______%

Cost of preferred stock ________%

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

WACC _____________%