Gazapizm Corporation wants to calculate its Weighted Average Cost of Capital (WACC) for next year. . The firm's long-term bonds have a yield to maturity of 6 %. The firm's stock price is $46 per share The firm recently paid a dividend of $3 per share. The dividend is expected to grow at a constant rate of 4 percent a year. The firm pays a 15 percent flotation cost whenever it issues new common stock. The firm's target capital structure is 60 percent equity and 40 percent debt. The firm's tax rate is 25 percent. The firm does not anticipate issuing new common stock during the upcoming year. What is the company's WACC? 7.23% 9.55% 8.27% 12.54%