Dinklage Corp. has 9 million shares or common stock outstanding. The current share price is $81, and the book value per share is $8 The company also has two band issues outstanding. The first bond issue has a YTM of 10.45%, face value of $B million has a 10 percent coupon, and sells for 96 percent of par. The second ase has a YTM of 10.26%, a face value of $50 million has a percent coupon, and seils for 104 percent of por. The first issue matures in 25 years, the second in 8 years. The most recent dividend was $5.3 and the dividend growth rate is 5 percent. Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 35 percentWhat is the company's WACC? Show all your work including intermediary staps Dinklage Corp. has 9 million shares or common stock outstanding. The current share price is $81, and the book value per share is $8 The company also has two band issues outstanding. The first bond issue has a YTM of 10.45%, face value of $B million has a 10 percent coupon, and sells for 96 percent of par. The second ase has a YTM of 10.26%, a face value of $50 million has a percent coupon, and seils for 104 percent of por. The first issue matures in 25 years, the second in 8 years. The most recent dividend was $5.3 and the dividend growth rate is 5 percent. Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 35 percentWhat is the company's WACC? Show all your work including intermediary staps