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Please help Information on Janicek Power Co., is shown below. Assume the company?s tax rate is 35 percent. Debt: 8,500 7.2 percent coupon bonds outstanding,

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Information on Janicek Power Co., is shown below. Assume the company?s tax rate is 35 percent. Debt: 8,500 7.2 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 118 percent of par: the bonds make semiannual payments. 225,000 shares outstanding, selling for $87 per share; beta is 1.15. 15,000 shares of 4.8 percent preferred stock outstanding, currently selling for $98 per share. 7 percent market risk premium and 3,1 percent risk-free rate. Market: Required: Calculate the company?s WACC. (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) WACC %

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