Given the following information for Versa Company, find its WACC. Assume the company s tax rate is 25 percent. Debt: 40,000, 5 percent coupon bonds outstanding, $1,000 par value, 10 years to maturity, selling for 101 percent of par; the bonds make semiannual coupon payments. Common stock: 420,000 shares outstanding, selling for $44 per share; the beta is 1.68. Market: 7.0 percent market risk premium and 3.5 percent risk-free rate. (Hint: Determine the cost of debt as YTM then use the bond price to determine the market value of debt)

		7.00%
		7.15%
		7.30%
		7.45%
		7.60%