Consider the following information for Evenflow Power Co.

Debt: 4,500 8 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 105 percent of par; the bonds make semiannual payments.

Common stock: 112,500 shares outstanding, selling for $59 per share; the beta is 1.13.

Preferred stock: 16,000 shares of 7 percent preferred stock outstanding, currently selling for $107 per share.

Market: 9 percent market risk premium and 6 percent risk-free rate.

Consider the following information for Evenflow Power Co., Debt 4,500 8 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 105 percent of par, the bonds make semiannual payments. 112,500 shares outstanding, selling for $59 per share; Common stock; the beta is 1.13. Preferred stock: 16,000 shares of 7 percent preferred stock outstanding, currently selling for $107 per share. 9 percent market risk premium and 6 percent risk- Market free rate Assume the company's tax rate is 34 percent. Required: Find the WACC. (Do not round your intermediate calculations.) O 11.26% O 10.86% O 10.76% O 1105% O 11,78%