You are looking at the following information: Debt: Common stock: 4,000 7.5 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 102 percent of par; the bonds make semiannual payments. 100,000 shares outstanding, selling for $56 per share; the beta is 1.09. 11,000 shares of 6 percent preferred stock (review my Ch.8 slide 43: what does "...% preferred stock" phrase mean?) outstanding, currently selling for $105 per share. 9 percent market risk premium and 6 percent risk-free rate. Preferred stock: Market: The company is in the 33 percent tax rate bracket based on its corporate income. Required: Find the WACC. (Do not round your intermediate calculations.) Multiple Choice 11.53% O 10.7% O 10.63% O 11.03% 10.53%