The Board of UCFG Metal Industries has asked you to review the current capital structure of the company and determine ways to reduce the weighted average cost of capital. Looking at the most recent financial statements of UCFG Metal Industries shown in Exhibit B, the company's debt/equity mix is (Select .. Using the data provided in the Exhibit the company's WACC is [Select * % Exhibit B Current stock price # shares outstanding $25.00 1,200,000 $4,000,000 Face value of debt 98.00% Recently quoted price on debt Current yield to maturity on debt 7.0% Risk free rate 2.5% Jovan stock beta 1.05 Market risk premium Corporate tax rate 8% 21%