Year 1 2 3 4 5 6 7 8 9 10 11 12 J Corp. Market Return (%) Return (%) -0.57 -1.90 14.21 16.58 11.20 12.81 10.40 11.81 -6.97 -9.90 13.79 16.05 29.59 35.80 11.39 13.05 4.87 4.90 15.01 17.58 -3.70 -5.81 -0.57 -1.90 Refer to Question 2. Now that Anna has determined an appropriate rate of return for J Corp.'s stock, she must calculate the firm's Weighted Average Cost of Capital (WACC). There are currently 69.0 Million J Corp. common shares outstanding. Each share is currently priced at $17.44 As well, the firm has 7,000 bonds outstanding and each bond has a face value of $10,000, a yield to maturity of 3.58% and a quoted price of $10,958.10. J Corp.'s tax rate is 30%. J Corp. has no preferred shares outstanding. Enter Answer What is J Corp.'s WACC? (Round your answer to one one-hundredth of a percent) Year 1 2 3 4 5 6 7 8 9 10 11 12 J Corp. Market Return (%) Return (%) -0.57 -1.90 14.21 16.58 11.20 12.81 10.40 11.81 -6.97 -9.90 13.79 16.05 29.59 35.80 11.39 13.05 4.87 4.90 15.01 17.58 -3.70 -5.81 -0.57 -1.90 Refer to Question 2. Now that Anna has determined an appropriate rate of return for J Corp.'s stock, she must calculate the firm's Weighted Average Cost of Capital (WACC). There are currently 69.0 Million J Corp. common shares outstanding. Each share is currently priced at $17.44 As well, the firm has 7,000 bonds outstanding and each bond has a face value of $10,000, a yield to maturity of 3.58% and a quoted price of $10,958.10. J Corp.'s tax rate is 30%. J Corp. has no preferred shares outstanding. Enter Answer What is J Corp.'s WACC? (Round your answer to one one-hundredth of a percent)