Question: Js Inc. has been financed using both debt and equity. The company has outstanding a 20-year. $1,000.000 par value bond that was issued in 2005

 Js Inc. has been financed using both debt and equity. The

Js Inc. has been financed using both debt and equity. The company has outstanding a 20-year. $1,000.000 par value bond that was issued in 2005 and that carries a 10% coupon rate, and tomorrow, a 20-year bond with a par value of $1,000,000 carrying a coupon rate of 8% will be issued. JS has preferred stock outstanding (25,000 shares, market price = $75) with a dividend yield of 5.5%. JS has issued 100,000 shares of common stock, and its most recent market price was $32.50 per share. Presently, the T-bill rate is 4%, and analysts have estimated that the market will return its historical average, which is 12%. the most recent S&P report on JS Inc. listed a beta of .95. the company's tax rate is 40%, and the company uses wave as its discount rate for projects. What is the WACC for JS Inc

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