WACC Practice A corporation has 10,000 bonds outstanding with a 69 value, and a $1,100 market price. l coupon rate, 8 years to maturity, a $1,000 face annua The company's 100,000 shares of preferred stock pay a $3 annual dividend, and sell for $30 per share. The company's 500,000 shares of common stock sell for $25 per shar and have a beta of 1.5. The risk free rate is 490, and the market return is 12%. Assuming a 40% tax rate, what is the company's WACC