Find the WACC of Naveed Computers. The total book value of the firms equity is $12 million; book value per share is $22. The stocks sell for a price of $32 per share, and the cost of equity is 16 percent. The firms bonds have a face value of $6 million and sell at a price of 110 percent of face value. The yield to maturity on the bond is 9 percent, and the firms tax rate is 40 percent.