Rollins Corporation's CFO wants to estimate the company's WACC. She has collected the following information: The company currently has 20-year bonds outstanding. The bonds have a 12 percent coupon, paid semiannually, a face value of $1,000, and they currently sell for $1,040. The company has outstanding preferred stock that pays a $9 annual dividend. The preferred stock sells for $75 per share. Rollins paid a $2 dividend last year, and expects dividends to continue growing at a constant rate of 8 percent a year. The current stock price is $27 per share. The company anticipates it will need to raise new common stock this year, and total flotation costs will equal 10 percent of the amount issued. The company's tax rate is 40 percent. The company's target capital structure consists of 20 percent long-term debt, 60 percent common stock, and 20 percent preferred stock. What is the firm's cost of debt, cost of preferred stock, and cost of common equity? Calculate the firm's weighted average cost of capital