Instructions: Based the data provided below, estimate the cost of each component of financing and the weighted average cost of capital (WACC). Show all the steps you have taken to obtain your results. Suppose you know the data of the company as follows: - Cost of debt = yield to maturity (rd)=10%. - 10%,$100 par value, quarterly dividend, perpetual preferred stock sells for \$116.95. Flotation cost is 5%. - Common stock sells for $50. D0 =$3.26 and g=5.8%;b=1.2;rRF=5.6%; RPM =6%. - Bond-Yield Risk Premium =3.2%. - For target capital structure: assume the market values of the underlined firm are given as follows: common stock =$150 million, preferred stock = $25 million, and debt =$75 million. - The firm operates in a country where marginal tax rate is 40% Task: Estimate the component of each cost of capital and the weighted average cost of capital (WACC).the WACC for this firm