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I need solution now ,please I beg .thank you You are given the following information for Watson Power Co. Assume the company's tax rate is

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I need solution now ,please I beg .thank you

You are given the following information for Watson Power Co. Assume the company's tax rate is 23 percent. Debt 8,000 5.7 percent coupon bonds outstanding, $1,000 par value, 23 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 1.10. Preferred stock: 17,500 shares of 3.5 percent preferred stock outstanding, currently selling for $80 per share. The par value is $100 per share. es Market: 7 percent market risk premium and 4.5 percent risk-free rate. What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) WACC

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