Vous re tramp to find a company s WACC. Answer the questions based on the feloning inforration

o The corrany tas 1 rilliore shrares of common, stock, saling for $270 31 per share The stock has a beta of 0.75.

* The tomcan tas 106000 shares of preferred stock paver $16 AS per share peryet, sellis at $229 00 per shs

+ The company has 1450 milem in long tere debt, whose VTM is 5.01%. This is before taking axes eto account.

The refrec rate is 35, and the exected retumc on the markot is 10% The tax rate k 21%

fianswenng the guestiAns beloer please thow your work,

1. What s the cast of canon stock? (3 paints)

-1 What s the tast of preferred stock? (3 points)

-y What re (he alter-tak cost of debt2 i3 pointi

d. What is the WACC3 3 points)