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11. Fller Manufacturing has 4900000 shares of common stock outstanding. The current share price is $71.96, and the book value per share is $9.21. Filer

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11. Fller Manufacturing has 4900000 shares of common stock outstanding. The current share price is $71.96, and the book value per share is $9.21. Filer Manufacturing also has two bond issues outstanding. The first bond Issue has a face value of $49000000, has a 0.05 coupon, matures in 10 years and sells for 83 percent of par. The second issue has a face value of $43000000, has a 0.06 coupon, matures in 20 years, and sells for 92 percent of par. The most recent dividend was $1.27 and the dividend growth rate is 0.04 . 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 0.30 . What is Filer's WACC? Enter the answer with 4 decimals (e.g. 0.2345) FIRST CALCULATE CAPITAL STRUCTC

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