17. Given the following information, what is the WACC for the firm in question? Debt 10,000 bonds with a par value of $1,000 and a quoted price of $112.65 The bonds have a coupon rate of 7% and 28 years to maturity Preferred stock 200,000 shares of 3.5% selling at a price of S65 Common stock 4,000,000 shares selling at a market price of $48 The beta of the stock is 0.9 The stock just paid a dividend of $2.10 per share and the dividends are expected to grow at 6% per year indefinitely The expected return on the market is 15% and the risk-free rate is 3.0% The company is in the 40% tax bracket Marker