Given the following information for Groto Corp. find the WACC. Assume the company's tax rate is 30%. Bonds: 12,000 outstanding bonds, 8% coupon bonds outstanding, $1,000 par value, 12 years to maturity, selling for $975; the bonds make semianmual payments. Common shares: 350,000 shares outstanding, selling for $60 per share; the beta is 1.2. Preferred shares: 60,000 shares of 5% preferred stock outstanding, currently selling for $100 per share. 12% market risk premium and 5% risk-free rate.