Question: help soon please process, the CFO has asked you to determine the approcriste weighted average cost of capital ( WACC) to use in the discounted

help soon please
 help soon please process, the CFO has asked you to determine

process, the CFO has asked you to determine the approcriste weighted average cost of capital ( WACC) to use in the discounted cash flow analysis. You spend the morring gathering the following inlomaton: - Budget Wings has debt outstanding with a market value of $190 milion. This debl is in the form of bonds that are curtently priced at 5946.33 per $1,000 tace value and pay a coupon of 3.45% The current yieldton maturty (YTM) on these bonds hs 4,11% - Budget Wings atock is curtently priced at $54.58 per share. You expect that next year's dividend will be $3.87 and you expect dividurids io grow at 3%. The current markef value of Budget Wings' common equily is $200 million. - Budget Whgs has preferted equif outslandeg with a market value of $30 milsis that offers an arrual didend of $2.91 and is priced at $45.50 per af are. - Budgent Wings pays corporate taxes at a rale of 35%. Based upon this information, Budget Wing' cureen weighted aversgo cost of captul (WACC) is closest to which of the fotowing? A. 644% B. 501% C. 10.76% D. 679% E. 6.02%

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