Solve all the following problems. Use a separate worksheet for each problem. Show all your work. Use formulas for all calculations. Provide notation for all outside sources. The ABC Company recently hired you as a consultant to estimate the company's WACC. You have obtained the following information. (1) The company has noncallable bonds with a $1,000 face value and a coupon rate of 10% (paid semi-annually). The bonds mature in 4 years and have a current price of $1,140. (2) The company's tax rate is 30%. (3) The current price of the company's stock is $80.00 per share. Dividends are expected to grow at 5% indefinitely and the most recent dividend paid by the company was $2.75 per share. (4) The target capital structure of the company consists of 41.5% debt and the balance is common equity. (5) The company is not planning to issue any new common stock. What is ABC Company's WACC