Western Electric has $31,500$ shares of common stock outstanding at a price per share of $$78$ and a rate of return of $13\mathrm{.}05$ percent. The firm has $7,250$ shares of $7\mathrm{.}70$ percent preferred stock outstanding at a price of $$94\mathrm{.}50$ per share. The preferred stock has a par value of $$100.$ The outstanding debt has a total face value of $$401,000$ and currently sells for $110\mathrm{.}5$ percent of face. The yield to maturity on the debt is $8\mathrm{.}05$ percent. What is the firm's weighted average cost of capital if the tax rate is $21$ percent?

COMPLETE PARTS a through d as detailed below:

a$.$ Calculate the Cost of Equity $=(5$ points$)$

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b$.$ Calculate the Cost of Preferred Stock$=(3$ points$)$

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c$.$ Calculate the Cost of Debt $=(2$ points$)$

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d$.$ Calculate the WACC $=$ points$)$

how your work below.Da