You are looking at the following information 5,000 6.5 percent coupon bonds outstanding. $1,000 par value, 21 years to maturity, selling for 105 percent of par, the bonds make semiannual payments 120,000 shares outstanding, selling for $58 per share: the beta is 1.14. 16,500 shares of 5.5 percent preferred stock outstanding. currently selling for $108 per share. 8 percent market risk premium and 5.5 percent risk-free rate Debt Common stock Preferred stock Market The company is in the 34 percent tax rate bracket based on its corporate income. Required Find the WACC. (Do not round your Intermedlate calculatlons.) Multiple Choice 10.2% 9.6% 943% 9.33%