Empire Electric Company (EEC) uses only debt and common equity. It can borrow unlimited amounts at an interest rate of rd = 8.5% as long as it finances at its target capital structure, which calls for 25% debt and 75% common equity. its last common stock dividend was $1.60 and its expected to grow at a constant rate of 6%. EEC'S common stock is selling for $19 per share, its tax rate is 25%. estimate EEC'S WACC