Consider the following information for Federated Junkyards of America. Debt: $82,000,000 book value outstanding. The debt is trading at 88% of book value. The yield to maturity is 11%. Equity: 3, 200,000 shares selling at $49 per share. Assume the expected rate of return on Federated's stock is 20%. Taxes: Federated's marginal tax rate is T_c 30 Calculate the weighted-average cost of capital (WACC). Weighted average cost of capital