Consider the following information for Watson Power Company: Debt: Common stock: Preferred stock: 4,500 7.5 percent coupon bonds outstanding, $1,000 par value, 22 years to maturity, selling for 105 percent of par, the bonds make semiannual payments. 108,000 shares outstanding, selling for $58 per share; the beta is 1.1. 15,000 shares of 6 percent preferred stock outstanding, currently selling for $107 per share. 8 percent market risk premium and 6 percent risk-free rate. Market: Assume the company's tax rate is 35 percent Find the WACC. Multiple Choice 10.72% 9,69% 9.97% Multiple Choice 10.72% 9.69% O 9.97% 10.19% O 9.79%