Question 6 10 pts ABC Corporation has $100 million in debt outstanding. The debt has 6 years to maturity and a 6% coupon. The debt has a par value of $1,000 per bond and interest is paid semi-annually. The current price of the bond is 97.50 as a percent of par. The company has 10 million of stock outstanding with a market price of $30 per share. The stock has a beta of 1.54 with the market The company is in the 25% tax bracket and the risk-free rate is 4% with a 6% market risk premium. What is the weighted average cost of capital (WACC) for ABC Corporation? 10.26% 11.15% 9.38% 10.5496