Please show your work.

New Beginnings has the following capital structure; 7% First Mortgage Bonds - $65,000,000 outstanding, 9% senior sub ordinated Bonds - $40,000,000 outstanding, Class A preferred stock paying 4.5%, $18,000,000 outstanding Class B preferred stock paying 6.5%, $20,000,000 outstanding, Common Equity $93,000,000 outstanding paying 13.5%. Its tax rate is 36% a) What is New Beginnings WACC? b) New Beginnings is considering the issuance of $27.000.000 project financing bonds for an up-coming capital project. The bonds will be priced at 7.8%. What is New Beginnings WACC with the new issue