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8. Century Plumbing Fixtures stock has a Beta of 1.15, the risk-free interest rate is 2.5%, and the equity risk premium is 5.5%. The yield

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8. Century Plumbing Fixtures stock has a Beta of 1.15, the risk-free interest rate is 2.5%, and the equity risk premium is 5.5%. The yield to maturity on Century Plumbing Fixtures' debt is 6.15%. The company is financed 40% with equity, and 60% with debt. The company's tax rate is 21%. What is the WACC for Century Plumbing Fixtures

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