The following information pertains to Abbott Incorporated: Common Stock: 5.5 million shares outstanding - \$11.50 per share market price - Beta =1.30 - Expected return on market =10.00% - risk-free rate =3.25% Preferred Stock: 2.0 million shares outstanding - $8.00 per share market price - $10.00 per share par value - annual preferred dividend rate =6.00% Bonds: 25,000 bonds outstanding - $1,000 face value each - Semi-annual coupons - 5.00% coupon rate - 9 years to maturity - YTM=5.9% What is the total market value of the bonds? $ What is Abbott Incorporated's WACC? 14.68% 9.43% 9.92% 2.52%