Question 3 (3 Marks) Refer to Question 2. Now that Anna has determined an appropriate rate of return for J Corp.'s stock, she must calculate the firm's Weighted Average Cost of Capital (WACC). There are currently 59.0 Million 0 J Corp. common shares outstanding. Each share is currently priced at $7.38 . As well, the firm has bonds outstanding and each bond has a face value of $10,000, a yield to maturity of $10,900.80. J Corp.'s tax rate is 30%. 3.00% and a quoted price of J Corp. has no preferred shares outstanding. What is J Corp.'s WACC? (Round your answer to one one-hundredth of a percent) Complete your rough work in the space below 12.27 % Enter your Final Answer Here