Moving to another question will save this response. Question 8 Question 8 of 32 > >>> 0.813 points Save Answer The yield to maturity on Moudy's bond is 9 percent. Moudy Company's expected dividend at the end of the year is $1.80 on its common stock and this dividend is expected to grow at a constant rate of 6% forever. The company is going to issue new common stock at a price of $40 per share with a $2 flotation cost. This company has a marginal tax rate of 30%. What is the weighted average cost of capital (WACC) of Moudy, if the capital structure is made up of 30 percent debt and 70 percent common equity? O a. 5.0%