please answer the following questions, and show your work!

QUESTION 1 - 50 POINTS Watch City Construction, Inc. has a Capital Structure that consists of Common Stock, Preferred Stock and Debt (Bonds). It faces a corporate tax rate of 21%. Details of its Capital Structure are given below: Common Stock: Current Price is: $ 52.00 Per Share and it just paid a dividend of $3.50 per share. The dividend growth rate is expected to be 2.5% indefinitely. There are 500,000 common shares outstanding. The risk-free rate is 1.5% and the market risk premium is 6.5%. Preferred Stock: Current Price is: $ 31.00 Per Share. It pays a cumulative dividend of $2.50 per year. There are 100,000 preferred shares outstanding. Series A Bond: Total Face Value is $5,000,000. The Coupon Rate is 4.2% and is paid semi-annually. There are 30 years to maturity on the bond. The current Yield to Maturity is: 3.60% for this bond. Series B Bond: Total Face Value is $2,000,000. The Coupon Rate is 3.5% and is paid semi-annually. There are 20 years to maturity on the bond. The Series B bonds trade at: 102.00% of face value. a) What is the Value of the company's Cost of Common Equity? la What is the Value of the company's Cost of Preferred Equity? C) What Weight should you use for Series A Bond in the calculation of WACC? d) What is the Yield to Maturity of the Series B Bond? e) What is the Weighted Average Cost of Capital (WACC) for Watch City Construction, Inc