Suppose Simpsonics Incorporated hires Abigail to find an estimate of the Company's weighted average cost of capital. She is given the following information: Simpsonics' 12% bonds pay a semi- annual coupon, have a par value of $1,000 and are trading at 110% of par value. The bonds mature in 23 years. Simpsonics' common stock has a beta of 1.2, the firm's tax rate is 40%, the risk free rate is 3% and the market risk premium is 8.6%. Simpsonics' preferred shares have a par value of $100, a 10% annual dividend and a market price of $110.00. The firm's target capital structure is 10% preferred stock, 20% debt and 70% common stock. What is Simpsonics' WACC? ... danimannn..bernamation no.latin...........finalanmiran A narrantava with the