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Consider the following information for Evenflow Power Co. Debt Common stock Preferred stock 2,500 8 percent coupon bonds outstanding, $1000 par value, 18 years to

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Consider the following information for Evenflow Power Co. Debt Common stock Preferred stock 2,500 8 percent coupon bonds outstanding, $1000 par value, 18 years to maturity, selling for 103 percent of par, the bonds make semiannual payments. 55,000 shares outstanding, selling for $63 per share the beta is 106 9,000 shares of 6.5 percent preferred stock outstanding, currently seling for $106 per share. 9.5 percent market risk premium and 6 percent risk free rate Market Assume the company's tax rate is 33 percent. Required: Find the WACC. (Do not round your intermediate calculations) 10.59% 11.639 10.69% 10.81% 11.09%

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