Given the following information for a company, find the WACC. Assume the company's tax rate is 21%. Debt: 12,000 bonds outstanding with a 4.27% yield to maturity, $1,000 par value, selling for 105 percent of par. Common stock: 575,000 shares outstanding, selling for $81 per share; the beta is 1.04 . Market: 7 percent market risk premium and T-bills are yielding 3.2 percent