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Here is some information about Stokenchurch Incorporated: Beta of common stock = 1 . 5 Treasury bill rate = 4 % Market risk premium =

Here is some information about Stokenchurch Incorporated:
Beta of common stock =1.5
Treasury bill rate =4%
Market risk premium =6.8%
Yield to maturity on long-term debt =9%
Book value of equity = $370 million
Market value of equity = $740 million
Long-term debt outstanding = $740 million
Corporate tax rate =21%
What is the companys WACC?

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