Is Not wh rate of rol 0.40) IEB Wireframe 15. Finding the WACC. Given the following information for Gerken Power Co., find the WACC. he company's tax rate is 35 percent. 15,500 6.4 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 108 percent of par, the bonds make semiannual payments. 495,000 shares outstanding, selling for $81 per share; Debt: Common stock: Preferred stock: Market beta is 1.20 20,000 shares of 4.2 percent preferred stock outstanding, currently selling for $92 per share. 7 percent market risk premium and 3.1 percent risk free rate. LO 3 16. Finding the WACC. Hankins Corporation has 5.4 million shares of common stock outstanding, 29 shares of 5.6 percent preferred stock outstanding, and 125,000 of 6.7 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $64 per share and has a b 1.13. the preferred stock currently sells for $103 per share, and the bonds have 20 years to maturity Il for 109 nercent of par. The market risk premium is 6.8 percent, T-bills are yielding 4.3 percent