Jack's Construction Company has the following financing outstanding.

Debt: 10,000 semi-annual bonds with a coupon rate of 5.95% and a yield to maturity of 5% APR, a face value of $1000 and currently trades at 110% of par; the bonds have 15 years to maturity. The book value of debt is $80 million.

Common stock: 10 million shares outstanding currently trading at $16 per share, the beta of the stock is 1.1, and the book value of equity is $80 million. {Note: the company only has common stocks, it does not have any preferred stocks.}

Market: The U.S. Treasury bill is yielding 4% and the market risk premium is 8%. The corporate tax rate is 35%.

1. What is the weight of equity (We)?

2. What is the cost of debt (Rd)?

3. What is the cost of equity (Re)?

4. What is the company's WACC?