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Billick Brothers is estimating its WACC. The company has collected the following information: Its capital structure consists of 38 percent debt and 62 percent common

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Billick Brothers is estimating its WACC. The company has collected the following information: Its capital structure consists of 38 percent debt and 62 percent common equity. The company has 11 -year bonds outstanding with a 8.2 percent annual coupon that are trading aipar. The company's tax rate is 39 percent. The risk-free rate is 4.9 percent. The market risk premium is 1.5 percent. The stock's beta is 1.6 . What is the company's WACC? 5.43% 4.43% 6.43% 8.43% 7.43%

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