Determine the weighted average cost of capital (WACC) for the following capital structure of $12M…

Determine the weighted average cost of capital (WACC) for the following capital structure of $12M. What is the minimum value of the marginal cost of capital? $2,000,000 in bonds issued at 9% $4,000,000 in bonds issued at 10% $5,000,000 in stock estimated at 12% $1,000,000 in retained earnings