Debt: Common stock: 3,000 7 percent coupon bonds outstanding, $1.000 par value, 19 years to maturity, selling for 105 percent of par, the bonds make semiannual payments 63,000 shares outstanding, selling for $62 per share the beta is 117 8,500 shares of 6 percent preferred stock outstanding. currently selling for $107 per share. 8.5 percent market risk premium and 5.5 percent risk-free rate. Preferred stock: Market Assume the company's tax rate is 31 percent Find the WACC Multiple Choice 10.19% 10.4% 10.8% 10% 9.9%