Based on the information below, calculate the weighted average cost of capital. great corporation has the following capital situation. debt: one thousand bonds were issued five years ago at a coupon rate of 8%. they had 25-year terms and $1000 face values. they are now selling to yield 9%. the tax rate is 36% preferred stock: two thousand shares of preferred are outstanding, each of which pays an annual dividend of $7.50. they originally sold to yield 15% of their $50 face value. they're now selling to yield 8%. equity: Great Corp has 125,000 shares of common stock outstanding, currently selling at $14.48 per share. dividend expected for next year is $1.00 and the growth rate is 5%. please show your work.