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(:=) Homework - Unanswered - Due Dec 2nd, 11:00 AM Harrelson Brewing Company has 7.3 million shares of common stock outstanding, 220,000 shares of preferred

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(:=) Homework - Unanswered - Due Dec 2nd, 11:00 AM Harrelson Brewing Company has 7.3 million shares of common stock outstanding, 220,000 shares of preferred shares outstanding, and 120,0006.5% semiannual bonds outstanding, par value $1,000 each. The common stock sells for $46 per share and has a beta of 0.95, the preferred stock sells for $91 per share and has a $4.50 dividend, and the bonds have 15 years to maturity and sell for 107% of par. The market risk premium is 7%, T-bill are yielding 3.6%, and the company's tax rate is 35%. What is the WACC? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 7.28% b 8.31% c 9.21% d 10.72%

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