Finding the WACC Given the following information for Lightning Power Co$.,$ find the WACC.

Assume the company's tax rate is $21$ percent.

Debt: $12,000$ bonds with a $4\mathrm{.}6$ percent coupons outstanding, $$1,000$ par value, $25$ years to maturity, selling for $105$ percent of par; the bonds make semiannual payments.

Common stock: $575,000$ shares outstanding, selling for $$81$

per share; beta is $1\mathrm{.}04.$

Preferred stock: $30,000$ shares of $3\mathrm{.}4$ percent preferred stock outstanding, a $$100$ par value, currently selling for $$94$ per share.

Market: $7$ percent market risk premium and $3\mathrm{.}2$ percent risk$-$free rate.

What is the weight of debt?

What is the weight of common equity?

What is the weight of preferred equity?

What is the cost of debt?

What is the after$-$tax cost of debt?

What is the common equity?

What is the preferred equity?

What is the weighed average cost of capital of the firm?

What is the market value of the firm?