Inthe Excel templаte, use the "Peter WACC" tаb. Peter Pаrker Industries manufactures a variety оf superherо weapоns. The company is considering introducing a new super-charged, solar-powered, disintegration ray gun. The company’s CFO has collected the following information about the company for WACC calculation: The company has a Beta of 1.4. The risk free rate is 2.5% and the market risk premium is 8.5%. The company has 100,000 shares outstanding with a current price of $12. The company also has 10,000 shares of preferred stock outstanding with a dividend rate of 4% and a par value of $100. It is currently trading for $75. The company’s debt has an average coupon rate of 4%, makes semi-annual payments, and has an average of 8 years to maturity. The bonds currently trade at 110% of par with par of $1,000. There are 2,000 bonds outstanding. The company’s tax rate is 21%. What is PP's WACC? Format: XX.XX% with no leading 0's.