5 points Save An Daves Inc. recently birod you as a consultant to estimate the company's WACC. You have obtained the following information (1) The firm's moncallable bonds mature in 20 years, hurve un 8.00% annual coupon, a par value of $1,000, and a market price of $1,000.00 (2) The company's tax rate is 25%. (3) The risk-free rate is 4.50%, the market risk premium is 5.50% and the stock's beta is 1.20 (4) The target capital structure consists of 35% debt and the balance is common equity. The firm uses the CAPM to estimate the cost of equity, and it does not expect to issue any new common stock. What is its WACC? Do not round your intermediate calculations 1.9.32% b. 11.03% 0.10.32% d. 8.90% A Moving to another question will save this response Question 1 of 20 MacBook Air babe SO 888 11 ga A $ & 7 % 5 > 0 3 4 6 8 9 { 1 R E Y U P " 0 G I J F D L ? V B N C