Given the following information for Tribune Corporation, find the WACC. Assume the company s tax rate is 25 percent. Debt: 18,000 bonds outstanding, 6 percent coupon, $1,000 par value, 10 years to maturity, selling for 98 percent of par; the bonds make semiannual coupon payments. Common stock: 250,000 shares outstanding, selling for $30 per share; the beta is 1.60. Market: 7 percent market risk premium and 4.0 percent risk-free rate.

		6.97%
		7.26%
		7.53%
		7.84%
		8.17%