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'. Huntington Power Co. has the following info: Debt: 5,000 issues outstanding, 6% coupon bonds, $1,000 par value, 25 years to maturity, selling for 105%

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'. Huntington Power Co. has the following info: Debt: 5,000 issues outstanding, 6\% coupon bonds, $1,000 par value, 25 years to maturity, selling for 105% of par; bonds make semi-annual payments. The current YTM is 5.6%. Equity: 175,000 share outstanding, selling for $58 per share; beta is 1.10 Market: 7% market risk premium; 5\% risk-free rate Tax rate is 35% Calculate the Weighted Average Cost of Capital for Huntington Power Co

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