- Given the following information for Lightning Power Co., find the WACC. Assume the company's tax rate is 35%. - Debt: 8,000 6.5\% coupon bonds outstanding. $1,000 par value, 25 years to maturity, selling for 106% of par. The bonds make semi-annual payments - Common Stock: 310,000 shares outstanding. selling for $57 per share; the beta is 1.05 - Preferred Stock: 15,000 shares outstanding with a dividend of $4 each, currently selling for $72 per share - 7% market risk premium and 4.5% risk free rate. YTM on debt Cost of preferred stock Cost of Equity Weighted Cost of Equity WACC