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We have the following information regarding Company Done-It-All: It has $31 million of debt, $11 million of preferred stocks, and $59 million common equity. The

We have the following information regarding Company Done-It-All:

It has $31 million of debt, $11 million of preferred stocks, and $59 million common equity.

The companies currently has 30-year, 6%, semiannual coupon bonds selling at $1,210.

The company has a beta of 1.1, the market expected return is 13.75%, and the risk-free rate is 5.65%.

The company's preferred stocks, which pay 5% of the $100 par value as interests every year, is currently selling at $50.

The company pays 35% in corporate income tax.

What's the company's WACC?

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