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Given the following information of Electric Transport Debt value: S75,000, 8.4 percent coupon bonds outstanding. $1,000 par value, 22 years to maturity, selling for S1,030,

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Given the following information of Electric Transport Debt value: S75,000, 8.4 percent coupon bonds outstanding. $1,000 par value, 22 years to maturity, selling for S1,030, the bonds make annual payments. Common stock value: $175,000, beta is 1.21 Market: 13.1 percent market return and 5.1 percent risk-free rate. Assume the company's tax rate is 40 percent. Calculate the WACC for this firm. O 11.8% 12.78% 7.48% @ 9.19%

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