) The FIN340 Company has 1,000,000 shares of common stock, 100,000 shares of preferred stock, and 20,000 bonds outstanding. The current market pricing for each is $20.00/share, $ 8.00/share, and $975/bond respectively. The company pays no dividend on its common stock but does pay a $1.00/share dividend on its preferred stock. The coupon rate on its bonds is 5.0% and the bonds will mature 25 years from today. The companys Beta on its common stock is 1.1 and it has a 21.0% marginal tax rate. The current T-bill rate is 4.0% and the market return is 12.0%. Calculate the FIN340 WACC based on this information.