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1 pts Billick Brothers is estimating its WACC. The company has collected the following information: Its capital structure consists of 18 percent debt and 82

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1 pts Billick Brothers is estimating its WACC. The company has collected the following information: Its capital structure consists of 18 percent debt and 82 percent common equity. The company has 16-year bonds outstanding with a 8.8 percent annual coupon that are trading at par. The company's tax rate is 30 percent. The risk-free rate is 4.4 percent. The market risk premium is 4 percent. The stock's beta is 1. What is the company's WACC? 7.00% 9.00% 8.30% 7.50% 8.00%

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