4. Coca-Cola is financed with 62% equity and the remainder in debt. They have 10-year, semi-annual pay, 5.27% coupon bonds which sell for 97.74% of par. Their stock currently has a market value of $25.26 and Mrs. Bensen believes the market estimates that dividends will grow at 3.99% forever. Next years dividend is projected to be $2.2. Assuming a marginal tax rate of 35%, what is their WACC (weighted average cost of capital)? Percentage Round to: 2 decimal places (Example: 2.75%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.3659))