Question 24 6 pts A corporation has 10,000 bonds outstanding with a 5% annual coupon rate, 10 years to maturity, a $1,000 face value, and a $1,050 market price. The company's 100,000 shares of preferred stock pay a $2 annual dividend and sell for $25 per share, The company's 200,000 shares of common stock sell for $20 per share and have a beta of 1.2. The risk-free rate is 4%, and the market return is 12%. Assuming a 21% tax rate, what is the company's WACC? Upload Choose a File