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What is the weighted average cost of capital for Foggy Futures Weather Forecasters? The firm is in the 4 0 % tax bracket. The optimal

What is the weighted average cost of capital for Foggy Futures Weather Forecasters? The firm is in the 40% tax bracket. The optimal capital structure is listed below:
SOURCE OF CAPITAL WEIGHT
Debt 25% Wd =25% or 0.25
Preferred Stock 20% Wps =20% or 0.20
Common Stock 55% Wcs =55% or 0.55
Debt The firm can issue $1000 par value, 10% coupon interest bond with a 15 year maturity date. The bond has an average discount of $25 and flotation cost of $20 per bond. The selling price is $1,000.
Preferred Stock The firm can sell preferred stock with a dividend that is 9% of the current price of $115. the cost of issuing and selling the stock is expected to be $10 per share
Common Stock The firm's common stock is currently selling for $65 per share. The firm expects to pay cash dividends of $7 per share next year. The dividends have been growing at 5%. The flotation costs amounted to $5 per share.
(NB: Use the intrinsic (internal) values (rates, cost) of each component in the capital structure.)

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