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You are given the following information for a company: EBIT = $ 4 , 5 0 0 , 0 0 0 3 0 - year

You are given the following information for a company:
EBIT = $4,500,000
30- year maturity, 3,000 annual coupon bonds (number of bonds =3000) with a coupon rate of 10% and a current market value of $2000 per bond.
20-year maturity, 2,000 semi-annual coupon bonds with a coupon rate of 8%, traded at 100% of their principal value.
Tax rate =0.21
Cost of unlevered equity RU=20%
The bond par value for this firm is $1,000 per bond, regardless of maturity
What is the firms WACC?
23.42 percent
14.63 percent
10.64 percent
8.71 percent
18.27 percent

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