Blender Corporation has 5,000 bonds outstanding, each selling for $2.700 with a required rate of return of 3%. Blender has 3,000 shares of preferred stock outstanding, selling for $28 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 18% return, and the firm has a corporate tax rate of 35%, calculate the WACC adjusted for taxes. 2.0% 3.5% 2.9% 24% 42%