You have been hired as a financial consultant to Jungle Inc. The following market data on Jungle securities are current: Debt: 7 percent coupon bonds outstanding, 20 years to maturity, selling for 92 percent of par; the bonds have a $1,000 par value each and make semiannual payments. Market Value of Debt is $4,600,000 Common Stock: selling for $57 per share; the beta is 1.15. Market Value of Common Stock is $5,700,000 Preferred Stock: 7 percent preferred stock outstanding, selling for $104 per share. Market Value of Preferred stock is $1,352,000 Market: 8 percent expected market risk premium; 6 percent risk-free rate. Jungle's tax rate is 35 percent. a Calemate the fo... Evi Debat Calcul COFFEquny Calculate the firm's cost of Preferred Stock. Calculate the firm's WACC