Using the following information, calculate the weighted average cost of capital for Banner$$s

Bonsai and Mediation Practices Group.

Bond Coupon Rate $12\%$

YTM Bond $8\%$

Exp. Dividend common $ $4\mathrm{.}00$

Dividend Preferred $ $8\mathrm{.}00$

Price Common $ $75\mathrm{.}00$

Price Preferred $ $95\mathrm{.}00$

Floation Cost, preferred $ $3\mathrm{.}00$

Growth Rate $5\%$

Tax Rate $25\%$

Banner$$s has a capital structure composed of $30\%$ debt, $15\%$ preferred stock equity and $55\%$

common equity