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The total book value of the firm s equity is $ 1 5 million; book value per share is $ 3 0 . The stock

The total book value of the firms equity is $15 million; book value per share is $30. The stock sells for a price of $30 per share, and the cost of equity is 12%. The firms bonds have a face value of $8 million and sell at a price of 135% of face value. The yield to maturity on the bonds is 6%, and the firms tax rate is 35%. Find the WACC of William Tell Computers. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
WACC
%

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