Question: can you please show me step by step how to solve this question? UNT Corp. is expected to pay a $2.50 dividend at year end,

can you please show me step by step how to solve this question? can you please show me step by step how to solve this

UNT Corp. is expected to pay a $2.50 dividend at year end, the dividend is expected to grow at a constant rate of 7.00% a year, and the common stock currently sells for $52.50 a share. The before-tax cost of debt is 7.50%, and the tax rate is 40%. The target capital structure consists of 45% debt and 55% equity. What is the company's WACC? 5.25% 9.02% 7.76% 8.49% 6.09%

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