6 The IPO Investment Bank has the following financing outstanding. Debt 80.000 bonds with a coupon rate of 11 percent and a current price quote of 112: the bonds have 20 years to maturity. 250,000 zero coupon bonds with a price quote of 19.5 and 30 years until maturity. Both bonds have a par value of $1,000 and semiannua coupons. polne Preferred stockt 170,000 shares of 9 percent preferred stock with a current price of $74, and a par value of $100) common stock. 2,800,000 shares of common stock: the current price is $60, and the beta of the stocks 1.25 Market The corporate tax rate is 22 percent, the market risk premium is 7 percent. and the risk-free rate is 4 percent. What is the wAdd for the company? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places e.g. 32.16.) Answer is complete but not entirely correct. WATO 9.88 %