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WACC CALM (Carley, Alison, Lexy and Marimar) Corporation has the following characteristics: Debt 40% Preferred Stock 10% Common Stock 50% Tax Rate 40% US Ten

WACC
CALM (Carley, Alison, Lexy and Marimar) Corporation has the following characteristics:
Debt 40%
Preferred Stock 10%
Common Stock 50%
Tax Rate 40%
US Ten Year Treasury Bond Yield 2%
Market Risk Premium 8%
Beta 1.5
New Preferred Stock Price 100
Flotation Costs for Preferred 10
Dividend per share (preferred) 8
Debt Yield to Maturity 7%
What is their WACC?

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