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show full working out please The ABC Co. has 6.5 million shares of common stock outstanding with a par value of $1 per share. The

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The ABC Co. has 6.5 million shares of common stock outstanding with a par value of $1 per share. The current market price of the common stock is $11.05 per share. The company also has 25,000 bonds outstanding, each with face value $1,000 and selling at 98% of face value. The company's 1 million outstanding preferred stocks have a total market value of $10 million, and the dividend of preferred stock is $1 per share. The expected return on the firm's common equity is 14%, the coupon rate is 6%, the ROE is 12%, and the Yield to Maturity is 7.25%. If ABC's tax rate is 34%, what is the WACC

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