White Waters is estimating its WACC. The company has collected the following information. What is the companys WACC? (3 points) It has 12 million shares of common stock outstanding that are trading at $80/share. The company has 24-year bonds outstanding with a 7 percent semi-annual coupon that are trading at 105% of par value. The bonds total par value is $400 million. The company has just paid a dividend of $4.00 per share, and the dividends are expected to grow at 4% consistently. The companys tax rate is 26 percent. The risk-free rate is 3 percent