Comida corp. is a grocery store located in the midwest. It paid an annual dividend of $2.00 last year to its shareholders and plans to increase the dividend annually at 4.0% forever. It has 400,000 shares outstanding. The shares currently sell for $28.50 per share. Comida Corp. has 10,000 semiannual bonds outstanding with a coupon rate of *%, a maturity of 20 years, and a par value of $1000. The bonds currently have a yield to maturity (YTM) of 8% per bond. What is the adjusted WACC for Comida Corp if the corporate tax rate is 20%? Round to two decimal places.

PLEASE show work by hand/using a financial calculator when needed. DONT use excel. Thank you.

Comida corp. is a grocery store located in the midwest. It paid an annual dividend of $2.00 last year to its shareholders and plans to increase the dividend annually at 4.0% forever. It has 400,000 shares outstanding. The shares currently sell for $28.5 per share. Comida Corp. has 10,000 semiannual bonds outstanding with a coupon rate of 8%, a maturity of 20 years, and a par value of $1,000. The bonds currently have a yield to maturity (YTM) of 8% per bond. What is the adjusted WACC for Comida Corp. if the corporate tax rate is 20%? What is the adjusted WACC for Comida corp. if the corporate tax rate is 20%? % (Round to two decimal places.)