Turnbul Co. is considering a project that requires an initial investment of $570,000. The firm wil rase the $570,000 in capital by song $230,000 or debt at a before-tax cost of 11.14 $20,000 of preferred stock at a cost of 122 and 5320,000 of outy at a cost of 1474 The traces a tax rate of 40 What will be the WACC for this project? (Note: Round your intermediate consta three decapaces) Consider the case of Kuhn Co. Kuhn C. les considering a new project that will require an initial investment at 54 million. It has a target capital of 255 2 stock, and 63% common equity, Kuntas no calable bonds outstanding that matitive years with a foco 51.000.com of 10%, and a market price of $1,050.76. The yield on the company's current Donation on bonds that it issues. The company can soll shares of preferred stock that pay an annual dividend of 5 star of 59235 Kuhn does not have any retained earnings available to finance this project, so the firm will have to wako common stock is currently selling for $22.35 per share, and is expected to pay end of 2.73 at the end of the represent of the funds sed by ing new common stock. The company is.com rate of 40% What will be the WACC for this project (Notebound your interactions Grade New Save & Co O DELL