Finding WACC Common Stock
A company's given tax rate is 35%. Debt is the following: 5,000, 9.4% coupon bonds outstanding, $1,000 par, with semi-annual payments, Common Stock is : 165,000 shares outstanding, selling for $62 per share; beta 1.15. Market = 6.5 % market risk premium and 5.5% risk free rate. What is the company's WACC?