The Pharoah Products Co$.$ currently has debt with a market value of $$200$ million outstanding. The debt consists of $9$ percent coupon bonds $($semiannual coupon payments$)$ that have a maturity of $15$ years and are currently priced at $$1,418\mathrm{.}61$ per bond. The firm also has an issue of $2$ million preferred shares outstanding with a market price of $$18\mathrm{.}00$ per share. The preferred shares pay an annual dividend of $$1\mathrm{.}20.$ Pharoah also has $14$ million shares of common stock outstanding with a price of $$20\mathrm{.}00$ per share. The firm is expected to pay a $$2\mathrm{.}20$ common dividend one year from today, and that dividend is expected to increase by $6$ percent per year forever. If Pharoah is subject to a $28$ percent marginal tax rate.

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What is the cost of debt?

The cost of preffered equity percentage?

The cost common equity percentage?

The WACC percentage?

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