You are given the following information concerning Parrothead Enterprises: Debt 8,6007.2percentcouponbondsoutstanding,with23yearstomaturityanda quoted price of 107.00 . These bonds have a par value of $2,000 and pay interest semiannually. Common stock: 285,000 shares of common stock selling for $65.70 per share. The stock has a beta of 1.02 and will pay a dividend of $3.90 next year. The dividend is expected to grow by 5.2 percent per year indefinitely. Preferred stock: 9,200 shares of 4.60 percent preferred stock selling at $95.20 per share. Market: 10.8 percent expected return, a risk-free rate of 4.20 percent, and a 22 percent tax rate. What is the firm's cost of each form of financing? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Calculate the WACC for the company. Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16