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You are given the following information for Huntington Power Company. Assume the company's tax rate is 2 5 percent. Debt: , 2 2 , 0

You are given the following information for Huntington Power Company. Assume the company's tax rate is 25 percent.
Debt: ,22,0005 percent coupon bonds outstanding, $2,000 par value, 25 years to maturity, selling for 107 percent of, par, the bonds make semiannual payments.
Common stock:
430,000 shares outstanding, selling for $68 per share; the beta is 93.
Market:
7 percent market risk premium and 3.3 percent risk-free rate.
What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)
WACC
%
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