POP Company has $1500$ bonds outstanding that have a market price of $$1050$ each and a face value of $$1000.$ Floatation cost is $0\mathrm{.}026$ and the bond pays coupon of $0\mathrm{.}072$ semiannually for $28$ years. The company also has $6,000$ shares of preferred stock at a market price of $$48$ and dividends $2$ each par value $10$ dollars. The common stock is priced at $$29$ a share; it is undervalued by $$1\mathrm{.}5$ and there are $70000$ shares outstanding with a par value is $7$ dollars. The stock paid this year a dividend of $$2$ and will continue to grow at a rate of $0\mathrm{.}05.$

TAXES ARE $0\mathrm{.}3$