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Marie Corp. has $ 1 , 5 4 9 in debt outstanding and $ 2 , 6 1 7 in common stock ( and no

Marie Corp. has $1,549 in debt outstanding and $2,617 in common stock (and no preferred stock). Its marginal tax rate is 30%. Marie's bonds have a YTM of 6.0%. The current stock price (P0) is $50. Next year's dividend is expected to be $2.42, and it is expected to grow at a constant rate of 4% per year forever. The company's W.A.C.C. is q,%.
Margin of error for correct responses: +/-.10(%)
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