The following balance sheet and information are given for La Vita Company: Additional information: La Vita's bond has a face value of $1,000 and pays a 10 percent semiannual coupon. The bond matures in 12 years and sells for $910 in the bond market. The beta of MIC is 1.32 , market risk premium is 8.11 percent, and the risk-free rate is 2.75 percent. The MIC's tax rate is 40%. What is La Vita Company's WACC? Please describe, in writing, how you calculate WACC in 3 lines