ANSWER ALL. PLEASE SHOW YOUR WORKING SOLUTIONS WITHOUT USING EXCEL. 1) Plants Corp. has $2,575,000 of debt, $550,000 of preferred stock, and $18,125,000 of common equity. Plants Corp.'s after-tax cost...

ANSWER ALL. PLEASE SHOW YOUR WORKING SOLUTIONS WITHOUT USING EXCEL.

1) Plants Corp. has $2,575,000 of debt, $550,000 of preferred stock, and $18,125,000 of common equity. Plants Corp.'s after-tax cost of debt is 5.25%, preferred stock has a cost of 6.35%, and newly issued common stock has a cost of 14.05%. What is Plants Corp.'s weighted average cost of capital?