Consider company XYZ that is getting 62% of its funding through bonds and the rest through shares. Its marginal tax rate is equal to 7% The yield to maturity on its bonds is 5% and the required rate of return on shares is equal to 8%. Calculate the WACC. (write your answer in decimal points, at least three digits after the decimal place) Answer: Give your reasons H 1 A B I F II! III E C