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You are given the following information concerning Parrothead Enterprises: Debt 175 Bonds with a market value of $178,675.00. The bonds have a pre- tax YTM

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You are given the following information concerning Parrothead Enterprises: Debt 175 Bonds with a market value of $178,675.00. The bonds have a pre- tax YTM of 5.96% Common stock $640,000.00 market value of common stock. The stock has a beta of 1.5 Preferred stock 30,000 shares of preferred stock, at a price of 700/share. The preferred stock pays a dividend of $0.55/share indefinately Market The tax rate is 27%, the risk-free rate is 3.0%, and the return on the market is 9.00% What is the firm's cost of common stock and preferred stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 12.34) % Cost of Common stock Cost of Preferred Stock % 54:46 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., 12.34.) WACC % What is the weight of Debt that you used for your calculation? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 12.34.) B Weight of Debt 1

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