Given the following information for UCW MBA Inc., find the WACC. Assume the companys tax rate is 30%. Debt: 10,000 Coupon 6.4% bonds outstanding, $1,000 par value, 20 years to maturity, selling for 108% of par; the bonds make semi-annual payments. Common stock: 500,000 shares outstanding, selling for $63 per share, beta is 1.15. Preferred stock: 30,000 shares of 3.5% preferred stock outstanding, currently selling for $72 per share. Market: 7% market risk premium and 3.2% risk-free rate