Billick Brothers is estimating its WACC. The company has collected the following information: Its capital structure consists of 18 percent debt and 82 percent common equity. The company has 13-year bonds outstanding with a 7.5 percent annual coupon that are trading at par. The company's tax rate is 30 percent. The risk-free rate is 4.9 percent. The market risk premium is 3.8 percent. The stock's beta is 0.7. What is the company's WACC? O 7.14% 8.34% O 7.74% O 8.04% O 7.44%