7. Given the following information for Groto Corp. find the WACC. Asvume the conpany's tax rate is 30%. Bonds: 10,000 outstanding bonds, 10% coupon bonds outstanding, \$1,000 par value, 12 years to maturity, selling for 51,075; the bonds make semiarnual payments. Common shares: 320,000 shares outstanding, selling for $50 per share; the beta is 1.25. Preferred shares. 60.000 shares of 5% preferred stock outstanding, currently selling for $100 per share. 12% market risk premium and 4.5% risk-free rate