Write your own paragraph about the following table. Income of HCM city Workforce
Year$15,000-25,000$25,000-40,000$40 ,000-60,000$60,000 +Total population
200035,200 - 32%44,000 – 39%22,000 – 20%9,800 – 9%111,000
201037,000 – 22%64,000 – 39%45,000 – 27%19,500 – 12%165.500
202028,000 – 35%29,300 – 37%16,500 – 20%6,200 – 8%80,000

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %