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The B.B. Lean Co. has 1.4 million shares of stock outstanding. The stock currently sells for $20 per share. The firms debt is publicly traded

The B.B. Lean Co. has 1.4 million shares of stock outstanding. The stock currently sells for $20 per share. The firms debt is publicly traded and was recently quoted at 93% of face value. It has a total face value of $5 million, and it is currently priced to yield 11%. The risk-free rate is 8%, and the market risk premium is 7%. Youve estimated that Lean has a beta of .74. If the corporate tax rate is 21%, what is the WACC of Lean Co

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