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Confused Fime Warner shares have a market capitalization of $65 billion. The company just paid a dividend of $0.40 per share and each share trades

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Fime Warner shares have a market capitalization of $65 billion. The company just paid a dividend of $0.40 per share and each share trades for $45. The growth rate in dividends is expected to be 8% por year. Also. Time. Warner has $10 billion of debt that trades with a yield to maturity of 9%. If the firm's tax rate is 25%, compute the WACC? A. 9.53% B. 9.97% C. 8.67% D. 8.23%

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