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Adjusted WACC Hallydale's is a clothing store in East Park It paid an annual dividend of 52.60 last year to its shareholders and plans to

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Adjusted WACC Hallydale's is a clothing store in East Park It paid an annual dividend of 52.60 last year to its shareholders and plans to increase the dividend annually at 4 5% It has 590,000 shares outstanding the shares currently sell for $23.47 per share. Hollydale's has 11,000 semiannual bonds outstanding with a coupon rate of 6%, a maturity of 18 years, and a par value of 51,000. The bonds are currently selling for S669.06 per bond. What is the adjusted WACC For Hollydale's if the corporate tax rate is 35%? What is the adjusted WACC for Hollydale's if the corporate tax rate is 35%? % (Round to two decimal plucms.)

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