Please estimate step by step Weighted Average Cost of Capital for a corporation knowing the following information about their outstanding public secunties: 1.600 semiannual bonds outstanding. 7 years to maturity, Coupon 8%, Face value $1000, current market Price $452 2. 1.300 common shares trading currently at $30/share, B 0.75 Risk Free 4%, Market Return 10%, Tax Rate 35% What is the weighted average cost of capital? Make sure to indicate steps and submit photo once test is submitted 18.23% 15.24% 13.47% 20.43%