The Company Has The Following Capital Structure: DEBT 120,000 outstanding bonds with a face value of $ 1000 The maturity date of the bonds is 15 years Coupon of 8.5% payable per semester Current records are 93% of face value 35% tax rate COMMON STOCK 9,000,000 outstanding shares The share price is currently $ 34 The beta coefficient is 1.2 The market risk premium is 10% and the risk-free interest rate is 5% PREFERENT STOCK 500,000 outstanding shares 7% Coupon at $ 100 Par Value Share Price $ 83

Calculate the WACC from the Company's Capital Structure!