ws what is correct and incorrect for the work you have completed so far. work you have done so far is correct, you may not have completed everything. 33.33 points Problem 14-13 Calculating the WACC LO3] Dinklage Corp. has 4 million book value per share is $8. The shares of common stock outstanding. The current share price is $83, and the company also has two bond issues outstanding. The first bond issue has a face value of $90 million, a coupon rate of 6 percent, and sells for 98 percent of par. The second issue has a face vahue of se6o milion, a coupon rate of 7 percent, and ssfr matures in 21 years, the second in 3 years. t of par. The first isse Suppose the most recent dividend was $5.50 and the dividend growth rate is 5 percent. Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 35 percent. What is the company's WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16,) WACC 4.030 0% MacBook Pro FI F3 FA FS F7