You have been given the following information for Azure Inc.: Common Stock: 10 million shares outstanding, $15 per share market price, Beta = 1.25 Preferred Stock: 2 million shares outstanding, $8 per share market price, $10 per share par value, annual preferred dividend rate = 7.5% Bonds: 20,000 bonds outstanding, $1,000 face value each, semi-annual coupons, 5% coupon rate, 10 years to maturity, YTM = 5.8% Expected return on market = 12%, risk-free rate = 3% 1. Calculate Azure Inc.'s cost of debt, cost of common equity and cost of preferred shares. 2. Calculate Azure Inc.'s market value of Bonds, Common shares and Preferred shares. 3. Calculate Azure Inc.'s WACC