Calculate Company ABC's WACC with the following information: Stock sells for $14.83 Shares outstanding are 25,000,000 Preferred stock value is $100,000,000 Debt equals $526,879,000 Maturity in 5 years Coupon Rate is 8.5% Interest paid every 3 months Bond sells for $1,075.62 The tax rate is 39.5% Preferred stock sells for $95.00 Preferred dividend rate is 7% Preferred stock par is $100.00 Preferred stock flotation cost equals 3% Risk free rate is 2.00% Market premium is 8% beta is 0.75