WACC Assignment FINA Company's assets are $750 million, financed through bank loans, bonds, preferred stocks, and common stocks. The amounts are as follows: Bank loans: $ 100 million borrowed at 7% Bonds: $280 million, paying 8% coupon with semi-annual payments, and maturity of 10 years. FINA sold its $1,000 par-value bonds for $970 and had to incur $20 flotation cost per bond. Preferred Stocks: $120 million, paying $15 dividends per share. FINA sold its preferred shares for $220 and had to incur $20/share flotation cost. Common Stocks: $250 million, beta is 3.20, the risk-free rate is 7 percent, and the market rate is 15% If FINA is subject to a 15% tax rate, what is the WACC for FINA