Question: Debt: 2 , 0 0 0 par value bonds with a 1 5 - year maturity, 7 . 2 % coupon, which are currently selling

Debt: 2,000 par value bonds with a 15-year maturity, 7.2% coupon, which are currently selling for 105 percent of par. Common stock: 1M shares outstanding, selling for $20 per share, and a fixed dividend of $2.50 per year. Preferred stock: 9,500 shares of preferred stock with a 6 percent required return, currently selling for $55 per share.
What is the company's WACC?
 Debt: 2,000 par value bonds with a 15-year maturity, 7.2% coupon,

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