Q2) Consider a firm with 58 million in outstanding bonds, the common stock price is 25$, the number of outstanding shares is 6 million, and $5 million worth of outstanding preferred stock. Assume the firm's beta is 2, Treasury bills currently yield is 5%, the long-run market risk premium is 10%, the preferred stock is 550, and the dividend payment is $2 per share. If the required return of debt is 7% and corporate tax rate is 35%, what is weighted average cost of capital of this company