You are given the following information concerning Parrothead Enterprises, Debt 9700 7.2 percent coupon bonds outstanding, with 23 years to maturity and a quoted price of 105.75. These bonds have a par value of $1,000 and pay interest semiannually. Common stock: 260,000 shares of common stock selling for $65.20 per share. The stock has a beta of 97 and will pay a dividend of $3.40 next year. The dividend is expected to grow by 5.2 percent per year indefinitely Preferred stock: 8,700 shares of 4.60 percent preferred stock selling at $94.70 per share. Market: 11.3 percent expected return, a risk-free rate of 3.95 percent, and a 22 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.) Aftertax cost of debt % 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.) % Aftertax cost of debt Cost of preferred stock Cost of equity % % Calculate the WACC for the company (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) WACC