need help with the last one! thanks!

. 0.76% Turnbull Co. is considering a project that requires an initial Investment of $1,708,000. The firm will raise the $1,708,000 in capital by issuing $750,000 of debt at a before-tax cost of 11.1%, $78,000 of preferred stock at a cost of 12.2%, and $880,000 of equity at a cost of 14.7%. The firm faces a tax rate of 40%. What will be the WACC for this project? 11.06% (Note: Do not round intermediate calculations.) Consider the case of Kuhn Co. Kuhn Co. is considering a new project that will require an initial investment of 545 million. It has a target capital structure of 45% debt, 4% preferred stock, and 51% common equity, Kuhn has noncallable bonds outstanding that mature in five years with a face value of $1.000, an annual coupon rate of 10%, and a market price of $1,050 76. The yield on the company current bonds is a good approximation of the viold on any new bonds that it sues. The company can sell shares of preferred stock that pay an annual dividend of $9 at a price of $92.25 por share. You can assume that Jordan does not incur any flotation costs when issuing debt and preferred stock, Kuhin does not have any retained earnings available to finance this project, so the firm will have to www.common stock to help hund it. Its common stock is currently selling for $22.35 per stare, and it is expected to pay a dividend of $2.78 at the end of next year. Flotation costs will represent of the funds raised by issuing new common stock. The company is projected to grow at a constant rate of 02, and they face a tax rate of 40%. Determine what kuhin Company's WACC will be for this project. Grade It Now Save & Continue Continue without sag 655 PM