Consider the following information for Evenflow Power Co., Debt: Common stock: 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. 105,000 shares outstanding, selling for $60 per share; the beta is 1.1. 16,000 shares of 5.5 percent preferred stock outstanding, currently selling for $105 per share. 8 percent market risk premium and 5 percent risk-free rate. Preferred stock: Market: Assume the company's tax rate is 33 percent. Required: Find the WACC. (Do not round your intermediate calculations.) Sixx AM Manufacturing has a target debt-equity ratio of 0.67. Its cost of equity is 21 percent, and its cost of debt is 11 percent. If the tax rate is 35 percent, what is the company's WACC