Vang Enterprises. recently hired you as a consultant to estimate the company's WACC. You have obtained the following information. (1) The firm's bonds mature in 10 years, have an 8.00% annual coupon, a par value of $1,000, and a market price of $945.00. (2) The risk-free rate is 1.25%, the market risk premium is 5.50%, and the stock's beta is 1.40. (3) The target capital structure consists of 50% debt and 50% common equity. The firm uses the CAPM to estimate the cost of equity. (4) The company's tax rate is 40%. What is its WACC? (Extra credit question) Select one: a. 14.26% b. 16.05% C. 14.66% d. 12.51% e. 17.80% Vang Enterprises. recently hired you as a consultant to estimate the company's WACC. You have obtained the following information. (1) The firm's bonds mature in 10 years, have an 8.00% annual coupon, a par value of $1,000, and a market price of $945.00. (2) The risk-free rate is 1.25%, the market risk premium is 5.50%, and the stock's beta is 1.40. (3) The target capital structure consists of 50% debt and 50% common equity. The firm uses the CAPM to estimate the cost of equity. (4) The company's tax rate is 40%. What is its WACC? (Extra credit question) Select one: a. 14.26% b. 16.05% C. 14.66% d. 12.51% e. 17.80%