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One - One Corporation has 6 . 4 million shares of common stock outstanding, 3 2 0 , 0 0 0 shares of 4 .

One-One Corporation has 6.4 million shares of common stock outstanding, 320,000 shares of 4.65 percent preferred stock outstanding, par value of $100, and 73,0005.6 percent semiannual bonds outstanding, par value $2,000 each. The common stock currently sells for $74.25 per share and has a beta of 1.14, the preferred stock currently sells for $101.60
per share, and the bonds have 23 years to maturity and sell for 96.1 percent of par. The market risk premium is 6.8 percent, T-bills are yielding 3.4 percent, and the firm's tax rate is 25 percent.
What is the company's WACC?

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