Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following data: The yield on the companys outstanding bonds is 8.75%, its tax rate is 40%, the next expected dividend is $1.65 a share, the dividend is expected to grow at a constant rate of 5.50% a year, the price of the stock is $27.00 per share, the flotation cost for selling new shares is F = 8%, and the target capital structure is 55% debt and 45% common equity. What is the firm's WACC, assuming it must issue new stock to finance its capital budget? Group of answer choices 6.18% 8.35% 9.51% 7.73% 5.80%