Use the following information below to answer these questions. Please show work

-DEF Industries has bonds that pay interest annually and mature in 12 years The bonds have a coupon of 4% and a face of $1000. DEF's tax rate is 20%. The current price of these bonds is $1050.

- DEF's Beta is 1.3, the risk-free rate is 2% and the market risk premium is 6.5% The company's stock has a market price of $50.00 and the expected dividend D(1) is $3.00 and that dividend is expected to grow at 3.5% forever.

- DEF has preferred that is currently priced at $100 with a dividend rate (similar to coupon) of 6% The preferreds have a face of $100. If new preferred is issued then they will incur flotation cost of 7%.

4. The target capital structure is 70% common stock (equity) and 30% bonds (borrowings)

1. What is the company's after tax cost of borrowing?

2. What is the company's cost of equity (common stocks)

3. What is the company's cost of preferred stock?

4. What is the company's WACC?