lo WACC;(Wes-Rcs)-(WP5 Based on the following information, please answer problems 3-6 Ci-t Jeff Fisher Industries finances its projects with 30% debt, 10% preferred stock, and 60% common stock cs The company just issued 10-year bonds with a coupon rate of 12% that currently trade at $1,446.32 (semi-annually compounded). Newly issued preferred stock will pay annual dividends of $2 per share. The current price of preferred stock is $30 per share. . . The risk-free rate is 5%. .Fisher Industries' beta is equal to 0.8. . The flotation cost of issuing preferred stock is 10%. The market rate of return is 12%. The company's tax rate is 40%. 3. What is Fisher Industries' cost of debt? 9.70% 12.00% 6.00% 11.58% a. b. C) What is Fisher Industries' cost of newly issued preferred stock? 4. 7.40% 8.40% 8.89% 10.60% c. d. What is Fisher Industries' cost of common stock? 5. 7.40% 8.40% 8.89% 10.6% a. b. 6. What is the company's WACCI 074). 10.51% 9.05% 8.18% 11.18% b