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5. (10) What is the weighted average cost of capital to a firm that has a 8 percent stated rate of interest on its bonds

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5. (10) What is the weighted average cost of capital to a firm that has a 8 percent stated rate of interest on its bonds which are selling at par (face) value, is expected to pay $8.00 in dividends next year per common share which are currently $100 per share year and which are growing at 4 percent per year, and has a corporate tax rate of 25 percent if the firm has $3,000,000 in debt and has outstanding 60,000 common equity shares

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