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Another Co. has a current share price of $35 and a total of 15 million shares outstanding.The company currently has debt with a total face

Another Co. has a current share price of $35 and a total of 15 million shares outstanding.The company currently has debt with a total face value of $880 million.These outstanding bonds are currently priced to yield 7.9% while quoting at 96.023% of total face value.The company also has preferred shares outstanding.The current market value of preferred shares is $155 million.The price of the preferred shares is $46 and the dividend (which is paid in perpetuity) is $5.10 per share.The company recently paid a dividend to common stock holders of $3.99 and anticipates growing the dividend at a constant rate of 6% per year indefinitely.If the corporate tax rate is 34%, what is the WACC of this company?

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