Samson Inc plans to issue a $$1,000$ par value, $20-$year noncallable bond at a yield of $5\%.$ The company's marginal tax rate is $20\mathrm{.}00\%,$ but Congress is considering a change in the corporate tax rate to $30\mathrm{.}00\%.$

$1)$ What is the best estimate of the WACC for Samson Inc?

$2)$ WHAT IS THE AFTER$-$TAX COST OF DEBT, Kd $(1-$T$)?$

$3)$ WHAT IS THE BEST ESTIMATE FOR THE WEIGHTS TO BE USED WHEN CALCULATING THE WACC?

$($We$=0\mathrm{.}6$X$)$

$($Wps$=0\mathrm{.}0$Y$)$

$($Solve for X and Y$)$

$4)$ WHAT IS THE COST OF PREFERRED STOCK, Kps$?$