Saved P14-15 Finding the WACC [LO3] Consider the following information for Evenflow Power Co.. Debt: Common stock Preferred stock: 5,000 6.5 percent coupon bonds outstanding. $1,000 par value, 17 years to maturity, selling for 104 percent of par, the bonds make semiannual payments. 125,000 shares outstanding, selling for $58 per share; the beta is 1.14. 17,000 shares of 5 percent preferred stock outstanding. currently selling for $106 per share. 7.5 percent market risk premium and 4.5 percent risk-free rate. Market: Assume the company's tax rate is 33 percent. Required: Find the WACC. (Do not round your intermediate calculations.) Multiple Choice 9.13%