Homework 13: Cost of Capital Bob's is a retail chain of specialty hardware stores. The firm has 15,000 shares of stock outstanding that are currently valued at $56 a share and provide a 14.4 percent rate of return. The firm also has 1,100 bonds outstanding that have a face value of $1,000, a market price of $1,044, and a 8.5 percent coupon. These bonds mature in 6 years and pay interest semiannually. The tax rate is 22 percent. What is the firm's WACC? Attempt \#2: 0/1 (Score: 0/1) Allowed attempts: 3