The next 4 questions are related to Saunders Company that has the following financing outstanding.

Debt:

100,000 bonds with a coupon rate of 6 percent and a current price quote of 108

percent of par value; the bonds have 20 years to maturity; the par value is $1,000.

Preferred stock:

190,000 shares of 4 percent preferred stock with a current price of $72, and a par

value of $100.

Common stock:

3,000,000 shares of common stock; the current price is $58, and the beta of the

stock is 1.15.

Market:

The corporate tax rate is 30 percent, the market risk premium is 5 percent, and

the risk free rate is 2 percent.

What is the cost of debt for Saunders? What is the cost of preferred stock for the firm? What is the cost of common stock for the firm? What is the company's WACC