Adjusted WACC Hollydale's is a clothing store in East Park. It paid an annual dividend of $120 last year to its shareholders and plans to increase the dividend annually at 4.5%. It has 400,000 shares outstanding. The shares currently sell for $16.97 per share. Hollydale's has 12,000 semiannual bonds outstanding with a coupon rate of 6%, a maturity of 18 years, and a par value of $1,000. The bonds are currently selling for $561,37 per bond. What is the adjusted WACC for Hollydale's if the corporate tax rate is 15% What is the adjusted WACC for Hollydale's if the corporate tax rate is 15%? % (Round to two decimal places)