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Blender Corporation has 1,000 bonds outstanding, each selling for $2.300 with a required rate of return of 9%. Blender has 1,000 shares of preferred stock

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Blender Corporation has 1,000 bonds outstanding, each selling for $2.300 with a required rate of return of 9%. Blender has 1,000 shares of preferred stock outstanding selling for $39 per share and 50,000 shares of common stock outstanding selling for $16 per share. If the preferred stock has a required rate fo return of 14% and the common stock requires a 17% return, and the firm has a corporate tax rate of 35%, cakulate the WACC adjusted for taxes 7.3% 6.14 4.24 5.1% 8.8%

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