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You are given the following information concerning Parrothead Enterprises: Debt 9 , 1 0 0 7 . 2 percent coupon bonds outstanding, with 2 3

You are given the following information concerning Parrothead Enterprises:
Debt 9,1007.2 percent coupon bonds outstanding, with 23 years to maturity and a quoted price of 108.25. These bonds have a par value of $2,000 and pay interest semiannually.
Common stock: 310,000 shares of common stock selling for $66.20 per share. The stock has a beta of 1.07 and will pay a dividend of $4.40 next year. The dividend is expected to grow by 5.2 percent per year indefinitely.
Preferred stock: 9,700 shares of 4.60 percent preferred stock selling at $95.70 per share.
Market: 10.3 percent expected return, a risk-free rate of 4.45 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.

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