Given the following information for Company G, find the WACC

Given the following information for Company G, find the WACC. Assume the company's tax rate is 22 percent. 6 1. Debt: 8,600 25 percent coupon bonds outstanding, $1,000 par value, 4 years to maturity, selling for (140+Y) percent of par; the bonds make annual payments. 2. Common stock: 120,000 shares outstanding, selling for $28 per share; the beta is 1.6. 3. Preferred stock: 17,000 shares of 4 percent preferred stock outstanding, currently selling for $58 per share (par value of $100). 4. Market: 8 percent market risk premium and 3 percent risk-free rate.