Introduction You know the following information about Bur-stone, Inc., which has a 35% marginal tax rate. . 5 million common shares outstanding 50,000 bonds outstanding Current yield to maturity is 4% Estimated market risk premium is 9% Current common stock price is $45 per share Current preferred stock price is $100 per share 100,000 preferred shares outstanding Estimated beta of stock is 1.2 10-year U.S. Treasury yield is 2% Annual preferred dividend is $6 Bonds are trading at par Bonds have $1,000 face value Question What is the firm's weighted average cost of capital (WACC)? Requirements Complete this assignment in a spreadsheet or by hand and submit your work as a file upload. Be sure to very clearly label and identify each input or item. Work is to be done individually. You are not to discuss or share answers with any current or potential students. You must show all your work/calculations and clearly identify your answers; no partial credit will be given for correct or incorrect answers without showing all the steps you took to arrive at your answers