Given the following information for Lightning Power Co., find the WACC. Assume the company's tax rate is 21 percent. Debt: 10,000 6.4 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 108 percent of par; the bonds make semiannual payments. 0 Common Stock: 495,000 shares outstanding, selling for $63 per share; beta is 1.15. Preferred Stock: 35,000 shares of 3.5 percent preferred stock outstanding, currently selling for $72 per share. Market: 7 percent market risk premium and 3.2 percent risk-free rate. 2 3 + 5 5 3 9 , 2 3 + 5 5 3 9 , Input Area: Tax rate Debt Bonds outstanding Settlement date Maturity date Annual coupon rate Coupons per year Bond price (% of par) Redemption value (% of par) Par value Common stock Shares outstanding Beta Share price Preferred stock outstanding E SA 21% 10,000 01/01/00 01/01/25 6.40% 2 108 100 1,000