Vanilla Beanies Co. leadership wants to know its WACC given the current capital structure. The capital structure data is as follows. Equity: price $18.59, 2,843,200 shares outstanding, beta 0.96. Preferred stock: shares outstanding 675,000, price $21.74, fixed dividend $0.75. Debt: 242,000 zero annual coupon bonds were issued, price is 28% of par. 15 years to maturity. If the current market return is 13.28%, risk-free rate is 2.18%, and the tax rate is 21%, what is the company's weighted average cost of capital (WACC)? 6.76% 11.56% O 8.36% o 7.20% 8.89%