Pixar Corporation stock sells for $40. They plan to pay $3.75 in dividends next year. They are expected to grow at 8.75%. Their bonds sell for $1090. They have 15 years till maturity. They pay semi-annual payments. Par is $1000. The coupon rate is 8%.

		Liabilities and
Assets		Owners' Equity
Current assets		Current liabilities
Cash	$ 200.00	Accounts payable	$ 40.00
Accounts receivable	$ 400.00	Notes payable	$ 60.00
Inventory	$ 200.00	Total	$ 100.00
Total	$ 800.00
Fixed assets
Net plant and equipment	$ 3,200.00	Long-term debt	$ 500.00
		Owners' equity
		Common stock	$ 500.00
		Retained earnings	$ 2,900.00
		Total	$ 3,400.00
Total assets	$ 4,000.00	Total liabilities and	$ 4,000.00
		owners' equity

What is the WACC?

(Show Numbers)

Pixar Corporation stock sells for $40. They plan to pay $3.75 in dividends next year. They are expected to grow at 8.75%. Their bonds sell for $1090. They have 15 years till maturity. They pay semi-annual payments. Par is $1000. The coupon rate is 8%. Assets Current assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment $ 200.00 $ 400.00 $ 200.00 $ 800.00 $ 40.00 $ 60.00 $ 100.00 $ 3,200.00 Long-term debt $ 500.00 $ 500.00 Owners' equity Common stock Retained earnings Total $2,900.00 $ 3,400.00 Total assets $ 4,000.00 Total liabilities and owners' equity $ 4,000.00 What is the WACC? (Show Numbers)