Question: Your firm has only common equity and long - term bonds. The bonds currently sell for $ 1 , 0 6 7 . 9 2

Your firm has only common equity and long-term bonds. The bonds currently sell for $1,067.92 with a coupon of 4.8 and mature in exactly five years. Your stock has a beta of 1.30, is currently priced at $42, and paid its most recent dividend of $1.8. That dividend is expected to grow at a rate of 2.8% each year. The bonds are right at 40% of the companys long-term capital. The relevant tax rate is about 31.0%. Given all of that, what is a good estimate of your companys WACC? i want to get 60/60 for this question

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