Adjusted WACC. Hollydale's is a clothing store in East Park. It paid an annual dividend of $1.20 last year to its shareholders and plans to increase the dividend annually at 3.0%. It has 590 comma 000 shares outstanding. The shares currently sell for $17.37 per share. Hollydale's has 11 comma 000 semiannual bonds outstanding with a coupon rate of 6%, a maturity of 24 years, and a par value of $1 comma 000. The bonds are currently selling for $638.46 per bond. What is the adjusted WACC for Hollydale's if the corporate tax rate is 40%?