You have gathered the following information: - Debt: The firm has 12,000 bonds with a 4.6 percent coupon outstanding, $1,000 par value, 25 years to maturity, selling for $1,050. The bonds make annual coupon payments. - Common stock: 575,000 shares outstanding, selling for $81 per share, the beta is 1.04. - Preferred stock: 30,000 shares that pay a $3.40 annual dividend and currently trade at \$94 per share. - The market risk premium is 7%, and the risk-free rate is 3.2%. The firm's marginal tax rate is 40%. 1. What is the firm's after-tax cost of debt, cost of common equity, and cost of preferred stock? (6 points) 2. What is the percentage of the firm's capital financed by debt, common equity, and preferred stock, respectively? ( 3 points) 3. What is the firm's WACC? ( 1 point)