Question3 10 pts Conan's 8,500 bonds sell for 98 percent of their $1,000 face value, have 10 years to maturity, and pay 8% semiannual coupon. It last paid a dividend of $1.35, currently trades at $80.50, expects to maintain a constant growth rate of 8%, and has 300,000 shares outstanding. The preferred pays a dividend of $3.80, is priced at $91.65, and has 50,000 shares outstanding. With a tax rate of 40%, what is Conan's WACC? 8.30% 8.01% 7.54% 706%