please help! I will rate

you are looking at the following information

Debt:		5,500 7 percent coupon bonds outstanding, $1,000 par value, 17 years to maturity, selling for 104 percent of par; the bonds make semiannual payments.
Common stock:		137,500 shares outstanding, selling for $60 per share; the beta is 1.16.
Preferred stock:		16,000 shares of 5.5 percent preferred stock (review my Ch.8 slide 43: what does "...% preferred stock" phrase mean?) outstanding, currently selling for $107 per share.
Market:		8 percent market risk premium and 5.5 percent risk-free rate.

The company is in the 32 percent tax rate bracket based on its corporate income.

Required:

Find the WACC. (Do not round your intermediate calculations.)

Multiple Choice

• 10.37%

• 10.75%

• 10.12%

• 9.97%

• 9.87%