Question: please help Given the information calculate the Weighted Average Cost of Capital for the firm . You are to assume that the Capital Asset Pricing

please help

Given the information calculate the Weighted Average Cost of Capital for the firm. You are to assume that the Capital Asset Pricing Model is to be used for the cost of equity.

Firm Beta 1.15
Risk-Free Rate 1.25%
Market Risk Premium 5.90%
Firm Tax Rate 35%
Dividend at end of the year $1.10
Current Common Stock Price $14.82
Expected Dividend Growth 1%
Number of Common Shares Outstanding 3,000,000
Number of Preferred Shares Outstanding 300,000
Preferred Price Per Share $20.00
Preferred Stock Dividend $1.25
Bond A Details
Face Value $1,000
Annual Coupon Rate 7%
Current Market Price $1,104.52
Years Remaining 9
Payments Semi-Annual
Bond B Details
Face Value $1,000
Annual Coupon Rate 6%
Current Yield to Maturity 5.10%
Years Remaining 19
Payments Annual
Book Value Balance Sheet (in millions)
Cash and Short-Term Securities $ 10 Bonds* $ 20
(40% Bond A, 60% Bond B)
Accounts Receivable $ 5 Preferred Stock $ 5
Inventories $ 7 Common Stock $ 15
Plant and Equipment $ 28 Retained Earnings $ 10
Total $ 50 Total $ 50
*Assume that all bonds are listed at face value on the Book Value Balance Sheet

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