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11. The following information pertains to Daves Inc. The firms bonds mature in 20 years and have a current yield to maturity of 8.00%. the

11. The following information pertains to Daves Inc. The firms bonds mature in 20 years and have a current yield to maturity of 8.00%. the companys tax rate is 40.0%. the risk-free rate is 4.50%, the market risk premium is 5.50%, and the stocks beta is 1.20. The target debt/capitalization is 35.0%. What is the WACC for the company?

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