10. Given the following information for the Company XYZ, what is the WACC for the company? Debt: 5,000 bonds with an 8% coupon rate, $1000 par value, selling for 103 percent of par; the bonds have 20 years to maturity and make semiannual payments. Common stock: 160,000 shares of common stock; the current price is $57, and the beta of the stock is 1.10. The market risk premium is 7%, and the risk-free rate is 6%. Assume the corporate tax rate is 35%.