XYZ Co. has the following financial information:

Debt: 25,000 bonds outstanding with a face value of $1,000. The bonds currently trade at 91% of par and have 10 years to maturity. The coupon rate equals 3%, and the bonds make semi-annual interest payments.

Preferred stock: 300,000 shares of preferred stock outstanding; currently trading for $153 per share and it pays a dividend of $6.40 per share every year.

Common stock: 1,000,000 shares of common stock outstanding; currently trading for $85 per share. Beta equals 0.88.

Market and firm information: The expected return on the market is 12%, the risk free rate is 3%, tax rate is 21%

a) What is the weight of common stock in the capital structure? Enter percentages as decimals and round to 4 decimals

b) What is the weight of debt in the capital structure? Enter percentages as decimals and round to 4 decimals

c) What is the before tax cost of debt? Enter percentages as decimals and round to 4 decimals

d) What is the after tax cost of debt? Enter percentages as decimals and round to 4 decimals

e) What is the cost of preferred stock? Enter percentages as decimals and round to 4 decimals

f) What is the cost of common stock? Enter percentages as decimals and round to 4 decimals

g) What is the weighted average cost of capital? Enter percentages as decimals and round to 4 decimals