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I Am The Walrus ( IATW ) has a weight of equity in its capital structure of ( 6 8 . 1 %

I Am The Walrus (IATW) has a weight of equity in its capital structure of \(68.1\%\). The firm has bonds that are currently selling for \(\$ 1,000\). The bonds mature in 12 years, have a coupon rate of 7.2, and pay coupons annually. The firm's beta is 1.4, the risk free rate is \(5\%\), and the market return is \(9\%\). The tax rate is \(25\%\). Calculate the WACC.

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