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Given the information provided here, what is this firm's WACC? coupon rate on bonds = 4.0% years until maturity on the bonds =11 current price

Given the information provided here, what is this firm's WACC?

  • coupon rate on bonds = 4.0%
  • years until maturity on the bonds =11
  • current price of company bonds = $1,094.32
  • recent stock price = $29.10
  • most recently paid common dividend = $3.20
  • anticipated growth rate of common dividend = 2.5%
  • average effective tax rate over past five years = 30%
  • long-term debt= $120 million
  • total shareholder's equity = $300 million

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