Consider the following information for Watson Power Company: Assume the company's tax rate is 34 percent. Find the WACC

Consider the following information for Watson Power Company Debt Common stock Preferred stock Market 2.000 5 percent coupon bonds outstanding. $1,000 par value. 17 years to maturity. selling for 102 percent of par: the bonds make semiannual payments 46.000 shares outstanding, selling for $60 per share: the beta is 1.18 6.000 shares of a percent prefered stock outstanding. currently selling for $104 per share. 7 percent market risk premium and 4 percent risk.free rate. Assume the company's tax rate is percent Find the wncc