The company has a Beta of 1.4. The risk-free rate is 2.5% and the expected return on the market portfolio is 10%. . The company has 100,000 shares of common stock outstanding with a current price of $10. - The company also has 10,000 shares of preferred stock outstanding with a dividend rate of 5% and a par value of $100. It is currently trading for $90. a The company's debt pays a 4.0% annual coupon and has 13 years until maturity. The 2,000 bonds ($1,000 par) are currently trading for $985 each. The company's tax rate is 20%. Calculate the company's WACC