5. value: 10.00 points You are given the following information for Huntington Power Co. Assume the company's tax rate is 40 percent Debt: 7,000 6.2 percent coupon bonds outstanding, S1,000 par value, 15 years to maturity, seling for 105 percent of par, the bonds make semiannual payments. Common stock: 340,000 shares outstanding, selling for $52 per share; the beta is 1.08. 8 percent market risk premium and 4.2 percent risk-free rate. What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Market: WACC %