Question: Please help Information on Janicek Power Co., is shown below. Assume the company?s tax rate is 35 percent. Debt: 8,500 7.2 percent coupon bonds outstanding,

Please help

Please help Information on Janicek Power Co., is shown below. Assume the

Information on Janicek Power Co., is shown below. Assume the company?s tax rate is 35 percent. Debt: 8,500 7.2 percent coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 118 percent of par: the bonds make semiannual payments. 225,000 shares outstanding, selling for $87 per share; beta is 1.15. 15,000 shares of 4.8 percent preferred stock outstanding, currently selling for $98 per share. 7 percent market risk premium and 3,1 percent risk-free rate. Market: Required: Calculate the company?s WACC. (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) WACC %

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