The guiro Co. has 1,378,000 shares of common stock, currently trading at $51.5 /share. The common stock of guiro Co. is expected to pay a dividend next year of $ 5 /share, and it has a Beta calculated at 1.48 . It also has 68,900 shares of preferred stock, trading at $ 103 /share. The preferred stock pays dividends of 9 (13) %. Finally, guiro Co. has 26,000 bonds currently trading at $1310 /bond. The coupon rate is 4 (14) %, and the bonds will mature in 22 years. guiro Co. expects its dividends to grow at a rate of 14 %/year, and it is in a 21% tax bracket. It estimates that the risk free rate of return is 2 (10) % and the market rate of return is 17 %. Calculate the WACC for Guiro Co. Be sure to show all your work. NOTE: When calculating the cost of equity, compute the cost using the CAPM method and the DCF (Dividend Constant Growth Method) and average the two.