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Question 33 8 pts Given the following information for Electric Transport, find the WACC. Assume the company's tax rate is 35 percent. Debt: 8,100,6.9 percent

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Question 33 8 pts Given the following information for Electric Transport, find the WACC. Assume the company's tax rate is 35 percent. Debt: 8,100,6.9 percent coupon bonds outstanding. $1,000 par value, 17 years to maturity, selling for 101 percent of par, the bonds make semiannual payments. Common stock: 175,000 shares outstanding, selling for $77 per share, beta is 1.32. Preferred stock 9.000 shares of $7.50 preferred stock outstanding, currently selling for $73 per share. Market: 7.9 percent market risk premium and 3.6 percent risk-free rate. 9.8 percent none of above within 10 of 1% 11.1 percent 10.4 percent 12.0 percent

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