D Question 20 5 You have been assigned to calculate the Weighted-Average-Cost-of-Capital (WACC) for your small firm. The company has sources of lon term capital. Its marginal tax rate is 23% First, there are 2,354,000 shares of common stock outstanding, which are currently trading at $37.51 per share. Recently, your firm announced Earnings per Share (EPS) of $3.24. You expect earnings to grow at 1.55% per year indefinitely Second, there is an issue of 42,500 coupon bonds outstanding. These bonds have a face value of $1,000, mature in seventeen years, and pay 5,74% annual coupons. These instruments are currently trading for $923.16. Based on the data, what portion of the firm's assets are financed with debt? 30.76% 50.00% 41.59% 32.38% 69.24%