Comida corp. is a grocery store located in the midwest. It paid an annual dividend of

$2.50

last year to its shareholders and plans to increase the dividend annually at

2.0%

forever. It has

400,000

shares outstanding. The shares currently sell for

$20

per share. Comida Corp. has

10,000

semiannual bonds outstanding with a coupon rate of

8%,

a maturity of

15

years, and a par value of

$1,000.

The bonds currently have a yield to maturity (YTM) of

6%

per bond. What is the adjusted WACC for Comida Corp. if the corporate tax rate is

35%?

What is the adjusted WACC for Comida corp. if the corporate tax rate is

35%?

enter your response here%

(Round to two decimal places.)