I need answer for A3 thank you so much :)

The Carla Vista Products Co. currently has debt with a market value of $225 million outstanding. The debt consists of 9 percent coupon bonds (semiannual coupon payments) which have a maturity of 15 years and are currently priced at $1.418.61 per bond. The firm also has an issue of 2 million preferred shares outstanding with a market price of $10 per share. The preferred shares pay an ammual dividend of \$1.20. Carla Vista also has 14 million shares of common stock outstanding with a price of $20.00 per share. The firmis expected to pay a $2.20 common dividend one year from today, and that dividend is expected to increase by 4 percent per year forever. If Carla Vista is subject toa 40 percent marginal tax rate, then what is the firm's weighted average cost of capital? Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the aroblem statement from this screen for easy reference to the values you ve been siven here, and be sure to update any values that may have been pre -entered in the temalate based on the textbook version of the problem. Calculate the cost of preferred equity. (Round intermediate calculations to 4 decimal places, e .1 .2514 and final answer to 2 decimal ploces es. 15.25\%) Cost of preferred equity