You are given the following information for Lighting Power Company. Assume the company’s tax rate is 25 percent.       Debt: 10,000 5.9 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 107 percent of par; the bonds make semiannual payments.       Common stock: 430,000 shares outstanding, selling for $61 per share; the beta is 1.12.       Preferred stock: 18,500 shares of 3.7 percent preferred stock outstanding, a $100 par value, currently selling for $82 per share.       Market: 6 percent market risk premium and 4.7 percent risk-free rate.     What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

A corporation has 9,000 bonds outstanding with a 5% annual coupon rate, 7 years to maturity, a $1,000 face value, and a $1,200 market price.  The company's 110,000 shares of preferred stock pay a $4 annual dividend, and sell for $40 per share.  The company's 500,000 shares of common stock sell for $25 per share and have a beta of 1 The risk free rate is 5%, and the market return is 11%.    Calculate cost of debt? Briefly show your steps. Calculate cost of preferred stock? Briefly show your steps. Calculate cost of equity? Briefly show your steps. what is company's pre-tax WACC? Briefly show your steps. What are the weight of debt, preferred stock and equity?Briefly show your steps.

Raghubhai