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Conslder the following Information for Evenflow Power Co., Debt maturity, selling for 105 percent of par, the bonds make semiannual payments. 120,000 shares outstanding, selling

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Conslder the following Information for Evenflow Power Co., Debt maturity, selling for 105 percent of par, the bonds make semiannual payments. 120,000 shares outstanding, selling for $64 per share; the beta is 114. 17,000 shares of 7 percent preferred stock outstanding, currently selling for $108 per share. 10 percent market risk premlum and 6 percent risk-free rate. Common stock Preferred stock Market Assume the company's tax rate Is 35 percent Required: Find the WACC. (Do not round your intermediate calculations.) 0 11.98% O 12.51% 0 11.78% O 11.48% o 11.58%

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