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The Goldstein Investment Group has the following financing; what is the firm's WACC if the tax rate is 25%? (50 points) 6. 195,000 bonds with

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The Goldstein Investment Group has the following financing; what is the firm's WACC if the tax rate is 25%? (50 points) 6. 195,000 bonds with a coupon rate of 6.2 percent outstanding, 25 years to maturity, selling for 106 percent of par; the bonds have a $1,000 par value each and make semiannual payments Debt Common stock: 8,100,000 shares outstanding, selling for $63 per share; the beta is 1.1 Preferred stock: $83 per share. Market 450,000 shares of 4.25 percent preferred stock outstanding, selling for 7 percent expected market risk premium; 3.1 percent risk- free rate

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