please find the cost of the new common share and the wacc

15. Ono Corporation currently has 5,500 units of bonds outstanding; currently selling at $360 per unit. The bonds has $1,000 par value with zero-coupon and 10 years to maturity. Ono Corporation's preferred stocks currently trading at $58 per share with a total of 12,100 units of shares outstanding. The corporation pays an annual dividend of 5% based on the par value of $100 to its preferred stockholders. Common stocks market value is $74 per share. Last year Ono Corporation paid a dividend of $4.20 per share to its common stockholders and it expects the dividend to grow at 7% forever. It has 23,000 units of common stocks outstanding in the market. In addition to the existing retained earnings, it plans to issue 13,400 units of new common stocks with expected flotation cost of $6.00 per share. The corporate tax rate for Ono Corporation is 40%. What is weighted average cost of capital for Ono Corporation