12.37 , 12.05 , 12.55, 13.15, 12.15

Consider the following information for Evenflow Power Co., Debt: Common stock 4,500 8.5 percent coupon bonds outstanding, $1,000 par value, 22 years to maturity, selling for 105 percent of par; the bonds make semiannual payments. 108,000 shares outstanding, selling for $57 per share; the beta is 1.11 15,000 shares of 8 percent preferred stock outstanding, currently selling for $108 per share. 10 percent market risk premium and 7.5 percent risk-free rate. Preferred stock: Market: Assume the company's tax rate is 33 percent Required: Find the WACC. (Do not round your intermediate calculations.)