Finding the WACC Bottled Water is a listed European company which has a corporate finance structure as shown below. What is the company’s WACC?

Debt: 50,000 bonds with a quoted price of 119.80, providing an 8% coupon rate.
The bonds have 25 years to maturity.
There are also 150,000 zero-coupon bonds outstanding, with a quoted price of 13.85 and 30 years until maturity.

Preferred stock:

120,000 shares of 6.5% preferred with a current price of €112 and a par value of €100.

Common stock:

2 million shares of common stock. The current share price is €65, and the beta of the stock is 1.1.

Market: The corporate tax rate is 40%, the market risk premium is 5%, and the risk-free rate is 4%.