National Products Inc. wants to calculate its weighted average cost of capital (WACC). The companys CFO has collected the following information:

The company has a long-term bond outstanding, valued at $20 million. The bond is a semiannual coupon bond with 6% coupon rate, and 5 years left to maturity. The current price is $959.45 for $1,000 par value.

The companys preferred stock pays a fixed dividend of $2 per share, and the preferred stock price is $20.

The companys common stock price is $32 a share, and recently paid a dividend of $2 a share.

The dividend is expected to grow at a constant rate of 6% per year.

The company has the target capital structure of $50 million in equity, $10 million in preferred stock and $20 million in debt.

The companys tax rate is 40%.

What is the companys before-tax cost of debt?

What is the companys cost of preferred stock?

What is the companys cost of common stock?

What is the companys weighted average cost of capital?