Using the following information for Hamilton Evergreen Co., find the WACC. Assume the company's tax rate is 35%.

a) Market: 6% market rate of return and 0.02% risk-free rate. 

b) Preferred stock: 13,000 shares of 3.5% preferred stock outstanding, currently selling for $112 per share.

c) Common Stock: 90,000 shares outstanding, selling for $70 per share; the beta is 1.10.

d) Debt: 4,000 5.5% coupon bonds outstanding, $1,000 par value, 10 years to maturity, selling for 105% of par; the bonds make semiannual payments.