1.Dragula Industries most recently paid a dividend of $1.70 and dividends are expected to grow at a 6% annual rate indefinitely.The stock currently sells for $39 per share and there are 8 million shares outstanding.The company has 100,000 5% outstanding that are trading for par value and mature in 18 years.The coupon rate on the bonds is 5%.The average tax rate is 30%.What is the WACC?