You are assigned to calculate the Weighted-Average-Cost-of-Capital (WACC) for your firm. There are 20,750,000 shares of stock outstanding, which are currently trading for $89.10 per share. The firm has 685,000 coupon bonds outstanding that are selling for $1,050. You estimate that the shareholders require a return of 8.50%, and the bondholders demand 5.25%. The firm's marginal tax rate is the statutory 21%. What is the WACC of the enterprise? 7.64% 7.28% 7.59% 6.00% 7.14%