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ABC Inc's capital structure is 40% debt, 30% preferred, and 30% common equity, and its...

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Finance

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ABC Inc's capital structure is 40% debt, 30% preferred, and 30% common equity, and its tax rate is 35%. For financing. (a) ABC sold non-callable bond several years ago that now has 15 years to maturity with 8% annual coupon; paid semianmully, at a price of $1,055, and a par value of $1,000. (b) ABC sold a perpetual preferred stock for $95.50 per share, with a $7.50 annual dividend and a flotation cost of 3.00% of the price. (c) ABC also has beta =1.2, risk free rate of return rgF =6.00%; market risk premium RPM=Z.00% : The question is: What is the company's WACC

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