Question: if possible please do it hand written . Given the following information for Magrath Power Co. find the WACC. Assume the company's tax rate is

if possible please do it hand written

. Given the following information for Magrath Power Co. find the WACC. Assume the company's tax rate is 35 percent. Debt: 10,000 at 6.4 percent coupon bond outstanding, $1000 par value, 25 years to maturity, selling for 108 percent of par; the bond making semi-annual payments. Common stock: 495,000 shares outstanding selling for $63 per share; the beta is 1.15. Preferred stock: 35000 shares of 3.5 percent preferred stock outstanding, currently selling for $72 per share. Market: 7 percent market risk premium and 3.2 percent risk free rate

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