Consider the following information for Evenflow Power Co., Debt: 5,000 6.5 percent coupon bonds outstanding, $1,000 par value, 19 years to maturity, selling for 103 percent of par; the bonds make semiannual payments. Common stock: 120,000 shares outstanding, selling for $59 per share; the beta is 1.11. Preferred stock: 15,500 shares of 6 percent preferred stock outstanding, currently selling for $105 per share. Market: 8 percent market risk premium and 5.5 percent risk-free rate. Assume the company's tax rate is 32 percent. Required: Find the WACC. (Do not round your intermediate calculations.) rev: 09_20_2012 10.33% 9.99% 9.59% 9.7% 9.49%