Save Consider the following information for Evenflow Power Co Debt Common stock 4,000 6 percent coupon bonds outstanding, $1,000 par value 22 years to maturity, selling for 105 percent of par. the bonds make semiannual payments, 80,000 shares outstanding, selling for $58 per share the beta is 106. 13,000 shares of 5.5 percent preferred stock outstanding, currently selling for $108 per share. 7 percent market risk premium and 5.5 percent risk-free rate Preferred stock Market Assume the company's tax rate is 35 percent Required: Find the WACC. (Do not round your intermediate calculations.) O 8.2% 7.94% 8.85% 8.04% 8,44%