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nformation on Gerken Power Co, is shown below. Assume the company's tax rate is 38 percent 0,300 8.9 percent coupon bonds outstanding, $1,000 par value,

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nformation on Gerken Power Co, is shown below. Assume the company's tax rate is 38 percent 0,300 8.9 percent coupon bonds outstanding, $1,000 par value, 22 years to maturily, seling for 95 percent of par, the bonds make semiannual payments Dobt: Common stook: 228,000 shares outstanding, selling for $84.80 per share; beta is 1.33 Preferred stook: 13,800 shares of 5.9 percent preferred stock outstanding, currently seling for $96.20 per share. Markot: What is the company's cost of each form of financing? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e-g, 32 7.15 percent markot risk premium and 4.95 percent risk-free rate. Cost of equity Aftertax cost of debt Cost of Calculate the company's WACC. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g, 32.16.) WACC

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