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You are given the following information for Huntington Power Company. Assume the company's tax rate is 2 3 percent. References 3 2 , 0 0

You are given the following information for Huntington Power Company. Assume the
company's tax rate is 23 percent.
References
32,0005.1 percent coupon bonds outstanding. $2,000 par value, 22
years to maturity. selling for 106 percent of par, the bonds make
semiannual payments.
Common
stock:
Market:
480,000 shares outstanding. selling for $78 per share; the beta is 1.12
8 percent market risk premium and 4.3 percent risk-free rate.
What is the company's WACC? (Do not round Intermedlate colculatlons and enter your
answer as a percent rounded to 2 decimal places, e.g.,32.16.)
I am having issues finding the answer. I prefer going through excel but the amount of steps needed for the answer is very confusing and feels tedious.
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