please solve it as soon as possible

Western Electric Utility Company faces increasing needs for capital. Fortunately it has an A credit rating. The corporate tax rate is 39 percent. Western's treasurer is trying to determine the corporation's current welghted average cost of capital to assess the profitability of capital budgeting projects. Historically, the corporation's earnings and dividends per share have increased at about a 6 percent annual rate. Western Electric's common stock is selling at $60 per share, and the company will pay a $4.50 per share dividend (D1). The company's $100 preferred stock has been yielding 9 percent in the current market Flotation costs for the company have been estimated by Its Investment dealer to be $1.50 for preferred stock. The company's optimum capital structure is 40 percent debt, 10 percent preferred stock, and 50 percent common equity In the form of retained earnings. Refer to the table below on bond issues for comparative ylelds on bonds of equal risks to Western Electric, maturing in 2027. (Round the final answers to 2 decimal places.) Data on Bond Issues Rating Yleid to Price Maturity A (high) A Allow) 99.36 103.43 Issue Utilities: Bell Canada 6.55%, 2029 TransCanada 6,89%, 2028 Westcoast Energy 6.75%, 2027 Industrials Loblaw. 6.45%, 2028 GITAA 6.45, 2027 Shaw 8.54%, 2027 6.60 6.60 99.81 6.77 A (high) A BB (high) 99.51 95.68 101.00 6.49 6.82 8.44 a. Compute the cost of debt. Ko Cost of debt b. Compute the cost of preferred stock, Kp Cost of preferred stock c. Compute the cost of common equity in the form of retained earningske Cost of common equity d. Compute the welghted average cost of capital. (Round Intermediate calculations to 2 decimal places.) Weighted Cost Debt Kd Preferred stock (KD Data on Bond Issues Rating Yleld to Price Maturity Issue Utilities: Bell Canada 6.55%, 2029 TransCanada 6.89%, 2028 Westcoast Energy 6.75%, 2027 Industrials Loblaw 6.45%, 2028 GITAA 6.45, 2027 Shaw 8.54%, 2027 A (high) A (low) 99.36 103.43 6.60 6.60 6.77 99.81 A (high) BB (high) 99.51 6.49 95.68 6.82 101.00 8.44 a. Compute the cost of debt, ko Cost of debt % b. Compute the cost of preferred stock, Kp Cost of preferred stock C. Compute the cost of common equity in the form of retained earnings, Ke Cost of common equity d. Compute the weighted average cost of capital. (Round Intermedlate calculatlons 2 decimal places.) Weighted Cost Debt (K) Preferred stock (p) Common equity (Ke Welghted average cost of capital (ka) %