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Currently, Bloom Flowers Inc. has a capital structure consisting of 2 0 % debt and 8 0 % equity. Bloom s debt currently has an

Currently, Bloom Flowers Inc. has a capital structure consisting of 20% debt and 80% equity. Blooms debt currently has an 6% yield to maturity. The risk-free rate (rRF) is 2.3%, and the market risk premium (rM rRF) is 6.1%. Using the CAPM, Bloom estimates that its cost of equity is currently 16.8%. The company has a 31% tax rate.
What is Blooms current WACC?

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