Consider the following information for Evenflow Power Co. 2,500 8 percent coupon bonds outstanding,$1,000 par value, 23 years to maturity, selling for 105 percent of par, the bonds make semiannual payments 60,000 shares outstanding, selling for $56 per share; the beta is 1.09. 9,000 shares of 7 percent preferred stock outstanding, currently selling Debt Common stock Preferred stock for $106 per share. 8.5 percent market risk premium and 6.5 percent risk-free rate. Market Assume the company's tax rate is 34 percent Required: Find the WACC. (Do not round your intermediate calculations.) ? 10.42% ? 10.32% 01.39% 10.62% ? 10.82%