Solve the following WAAC formula for a project that will cost $64,000,000: Percentage of Equity 35% Percentage of Debt 25% Percentage of Preferred Stock 11% Percentage of Common Stock 29% Cost of...

Solve the following WAAC formula for a project that will cost $64,000,000:

Percentage of Equity 35%
Percentage of Debt 25%
Percentage of Preferred Stock 11%
Percentage of Common Stock 29%


Cost of Equity 8%
Cost of Debt 4%
Cost of Preferred Stock 14.5%
Cost of Common Stock 11%