You are given the following information concerning Parrothead Enterprises: Debt: 8,400 7.0 percent coupon bonds outstanding, with 25 years to maturity and a quoted price of 106.50. These bonds have a par value of $2,000 and pay interest semiannually. Common stock: 275,000 shares of common stock selling for $65.50 per share. The stock has a beta of 1.04 and will pay a dividend of $3.70 next year. The dividend is expected to grow by 5.0 percent per year indefinitely. Preferred stock: 9,000 shares of 4.50 percent preferred stock selling at $95.00 per share. Market: 11.0 percent expected return, a risk-free rate of 4.10 percent, and a 25 percent tax rate. What is the firm's cost of each form of financing? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 96 Aftertax cost of debt Cost of preferred stock Cost of equity % 96 Calculate the WACC for the company. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places. e.... 32.16.) WACC 98