You are given the following information for Lightning Power Company. Assume the company's tax rate is $23$ percent.

$\backslash$table$[[$Debt:$,13,0006\mathrm{.}2$ percent coupon bonds outstanding, $$1,000$ par value, $28],[,$years to maturity, selling for $108$ percent of par; the bonds make$],[$Common stock:,semiannual payments.$],[$Preferred stock:,$460,000$ shares outstanding, selling for $$64$ per share; beta is$],[$Market:$,1\mathrm{.}13,$ shares of $4$ percent preferred stock outstanding, a $$100$