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You are trying to calculate your organization's WACC, you know that T-Bills are currently yielding 5%, Your current bond issue has 12 yrs to maturity,

You are trying to calculate your organization's WACC, you know that T-Bills are currently yielding 5%, Your current bond issue has 12 yrs to maturity, the market risk premium is 8%, the bonds pay an coupon rale of 9%, The companies Beta is 1.50, and your bonds are presently trading at 98.60% of their value. Your organization has a capital structure weight of 55% equity and 45% Debt. The Corporate tax rate is 30%. What is the WACC?

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