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"The Imaginary Products Co. currently has $200 million of market value debt outstanding. The 9 percent coupon bonds (semiannual pay) have a maturity of 15 years and are currently priced at $1,303.41 per bond. The firm also has an issue of 2 million preferred shares outstanding with a market price of $13. The preferred shares offer an annual dividend of $1.20. Imaginary also has 14 million shares of common stock outstanding with a price of $20.00 per share. The firm is expected to pay a $2.20 common dividend one year from today, and that dividend is expected to increase by 7 percent per year forever. If Imaginary is subject to a 40 percent marginal tax rate, then what is the firm’s weighted average cost of capital?,,-Pre-tax cost of debt = _________%,-Cost of common equity =__________%,-Cost of preferred equity =_____%,,-Weights for:,,a) Debt =_____ %,,b) Preferred equity =_______ %,,c) Common equity =________%,,-WACC =____%"