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Questo work (Chapter 12) Problem 1 Evaluate the following information about how your company funds its operations Preferred stock 20,000 shares preferred stock outstanding Priced

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Questo work (Chapter 12) Problem 1 Evaluate the following information about how your company funds its operations Preferred stock 20,000 shares preferred stock outstanding Priced at $85 per share. $4.00 dividend per share. Debt 13.000 bonds, 6.2% coupon bonds outstanding, with semiannual payments $1000 face value 28 years to maturity Selling at $1,080 per bond. Market 6% market risk premium 5.1% risk-free rate Company's tax rate is 23% Common Stock 460.000 shares outstanding Priced at $64 per share Betais 113 What is the company's WACC? Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, 0.9.12.34.) WACC MacBook Air RO 3 S&S 3 295 og bo 8 19 2 3 $ 4 ? % 5

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