Teddy Corp. has 10,000 bonds outstanding with a 6% annual coupon rate, 8 years to maturity, a 1,000 face value, and a 1,100 market price. b) Teddy Corp. 100,000 shares of preferred stock pay an annual dividend of 3, and currently sell for 30 per share. c) Teddy Corp. 500,000 shares of common stock currently sell for 25 per share. The stock has a beta of 1.5. The risk free rate is 4%, and the market return is 12%. Assuming a 40% tax rate, what is the companys WACC?