Task 3: Weighted Average Cost of Capital (WACC) (10 Points) You are given the following information for ABC, Inc. Assume the company's tax rate is 21%. Debt: 40,000 bonds outstanding with 7\% YTM. The current bond price is $960. Common stock: 750,000 shares outstanding, selling for $52 per share; the beta is 1.2 for the firm. Preferred stock: 1,400,000 shares of preferred stock with a return 8%, currently selling for $25 per share. Market: 7% market risk premium and 3.5% risk-free rate. Questions: What is the company's WACC