Given the following information for Entergy, Inc., find its WACC. Assume Entergy's marginal tax rate is 20% and their average tax rate is 15%. Debt: 3,000 bonds are outstanding with a 7.5% semi-annual coupon and 8 years until maturity, The bonds are currently priced at 102. Common Stock; 75,000 shares outstanding, selling today for $60 per share; the beta is 1.20; Book Value per share is $12. Preferred Stock: 20,000 shares of 6% preferred stock (\$100 par) outstanding, currently selling for $63 per share. Market Info: 8 percent market risk premium and 5 percent risk-free rate