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Am The Walrus (IATW) has a weight of equity in its capital structure of 68.1%. The firm has bonds that are currently selling for $1,000.

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Am The Walrus (IATW) has a weight of equity in its capital structure of 68.1%. The firm has bonds that are currently selling for $1,000. The bonds mature in 12 years, have a coupon rate of 6.7, and pay coupons annually. The firm's beta is 1.4, the risk free rate is 5%, and the market return is 9%. The tax rate is 25%. Calculate the WACC. Muliple Choice 7822% 88228 9356K 5822K

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