ABC Corp is all equity financed firm with beta of 1.25. It has expected EBIT of $1,500,000 forever. ABC corporation is planning to change its capital structure by issuing 7,500 bonds (30 year, semi-annual payments with coupon rate of 10%). YTM of this bond is expected to be 12%. If risk free rate and expected market return is 5% and 15% respectively, what is the WACC of ABC Corporation after changing its capital structure? Tax Rate is 30%. (MM II with Taxes: and ) (10 pts)