pepsi plc. has the following capital structure: 500,000 ordinary shares currently trading at $2.67. pepsi plc. is expected to pay a dividend next year of $0.25. This dividend is expected to grow into the future at 4%. 100,000 7% (1.00 face value) preference shares currently trading at $1.01. 3,000 4% ($100 face value) bonds currently trading at $99.14. Pepsi plc. pays corporation tax at 40%. Calculate the WACC for pepsi plc