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north star inc. uses a capital structure comprising 6 0 % common stock and 4 0 % debt. the beta of norths star stock is

north star inc. uses a capital structure comprising 60% common stock and 40% debt. the beta of norths star stock is 1.25, the expected market return is 12.5%, and the risk free rate is 5.5%. North's star bonds are trading at $975, have a couon rate of 6.2% with semiannual payments, and par value of $1000. The bonds will mature in 15 years. If the corporate tax rate is 21%, what is the WACC?

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