home / study / business / finance / finance questions and answers / you are given the following information for watson power co. assume the companys tax rate ... Question: You are given the following information for Watson Power Co. Assume the companys tax rate is 40 ... (4 bookmarks) You are given the following information for Watson Power Co. Assume the companys tax rate is 40 percent. Debt: 8,000 6.9 percent coupon bonds outstanding, $1,000 par value, 20 years to maturity, selling for 105 percent of par; the bonds make semiannual payments. Common stock: 410,000 shares outstanding, selling for $59 per share; the beta is 1.15. Market: 9 percent market risk premium and 4.9 percent risk-free rate. What is the company's WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) WACC % Expert Answer