Name: Oyster Bay Corporation has established a target capital structure of 25 percent debt and 75 percent common equity. The current market price of the firm's stock is Po $28; its last dividend was Do $2.50, and its expected dividend growth rate is 5 percent constant. The YTM (Yield to Maturity) of Oyster Bay's outstanding bonds is 1 196, and its marginal tax rate is 35%. Oyster Bay can finance its equity portion with retained earnings. Find the weighted average cost of capital (WACC) of Oyster Bay Corporation