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You are tasked with estimating the WACC for your employer

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You are tasked with estimating the WACC for your employer. There is one bond issue with 14 years to maturity, a $700,000 face value, and 7% coupon rate, payable semi-annually. The bonds' quoted price is 109.38. There are 1,000 preferred shares outstanding. Each share, with a current price of $800, pays an annual $40 dividend. There are 30,000 common shares outstanding with a current price of $50 per share. Last week, the board issued a $4.00 dividend per common share. Cash dividends are expected to indefinitely grow at 3% per year. The corporate tax rate is 25%. Calculate the WACC for the company.

A)   Cost of common share equity?

B)    Cost of preferred share equity ?

C)    Cost of debt ?

D)  Weighting of common share equity?

E)    Weighted average cost of capital ?