Rutgers Card Co has 10 million shares of common stock outstanding soling at 52/shoro. In addition, the company has 100,000 bonds outstanding sling at a premium of 112% of par. The bond face value is $1.000, with a coupon rate of 10% and annual coupons. The bonds mature in 10 years. The risk-free rate is 4%, the market risk premium is 6%, and the firm's tax rate is 32%. The firm is considered fairly stable and has a beta of 0.6. What is the company's cost of capital (WACC)? 4.87% 5.87% 6.87% 7.87% 8.87%