MY Inc. is a private firm producing specialty chemicals. MY can borrow currently at 7% and has a estimate WACC for MY. The CEO has identified two comparables, i.e. firms with similar business. constant leverage ratio (D/V) of 25%. MY also has a beta of debt equal to 0. The CEO is trying to WH Co. It trades for $5 per share and has 7,000,000 shares outstanding and debt with value of equity beta of 1.56 and a debt beta of o. It also has debt of $15,000,000. The second comparable is The first firm is PH Co. It trades for $6.25 per share and has 8,000,000 shares outstanding. It has an $21,000,000. The equity beta of WH is 2.08 and its debt beta is 0.15. Both comparables have constant leverage ratios. Last, the tax rate faced by all three firms is 35%, the risk-free rate is 5%, and the equity premium is 10%. Find the WACC for MY Inc